Market Analysis of the 7th of December 2015 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1
Daily Charts: We had some pull backs last week
EUR/USD: We had a huge pull back, long could be taken but with prudence as it is a contretrend.
GBP/USD: No real trend but the price is still below the alligator, we can look for shorts but with prudence.
USD/JPY: There is no overall trend, the price is above the alligator, we could still look for longs above the alligator but prudence.
USD/CHF: We had a huge pull back, short could be taken but with prudence as it is a contretrend.
AUD/USD: Wave up, we are probably still in the wave 4 but as the price is above the box, we could look for longs.
EUR/JPY: We had a huge pull back, long could be taken but with prudence as it is a contretrend.
USD/CAD: It looks like the wave 5, look for longs.
NZD/USD: Start of a wave up, we are probably still in the wave 4 but as the price is above the box and the ewave is crossing the zero line, we could look for longs..
XAU/USD: We had a huge pull back with price inside the alligator, stay on the sidelines.
Daily Charts: We had some pull backs last week
USD/JPY: There is no overall trend, the price is above the alligator, we could still look for longs above the alligator but prudence.
USD/CHF: We had a huge pull back, short could be taken but with prudence as it is a contretrend.
AUD/USD: Wave up, we are probably still in the wave 4 but as the price is above the box, we could look for longs.
EUR/JPY: We had a huge pull back, long could be taken but with prudence as it is a contretrend.
USD/CAD: It looks like the wave 5, look for longs.
NZD/USD: Start of a wave up, we are probably still in the wave 4 but as the price is above the box and the ewave is crossing the zero line, we could look for longs..
XAU/USD: We had a huge pull back with price inside the alligator, stay on the sidelines.
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