Market Analysis of the 11th of May 2015 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1

Click on the Menu on "Market Analysis" for all the analysis.

Daily charts: There is no clear trend on D1, we have to be prudence and selective in taking setups

EUR/USD: It looks like a new wave 3 up, but we have a BDC and the general trend is short. Look for longs but with prudence
GBP/USD: Wave 3 up, price is moving up and down on D1 so be prudent
USD/JPY: No trend, sleeping alligator. Be patient
USD/CHF: Its a start of a wave down but we have a BDC, prudence
AUD/USD: It looks like we are still in the wave 4 with a "c" move up. Prudence
EUR/JPY: We are in the corrective wave ("a" move?). Price could go up for a new wave 3 up, or for a "b" move down; Prudence
USD/CAD: We are still in this wave 3 down but ewave starting to come back to the zero line. We can
still look for shorts
NZD/USD: It looks like we are still in the wave 4, there is no clear trend on D1
XAU/USD: We are still in the wave 4; Prudence

For orientation/direction of trades, click  "Signals" in the menu (from Monday 11th of May  from 8:00 GMT+1)