Market Analysis of the 8th of August 2016 : 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: Still some lovely trends on the daily charts for the start of the month.

EUR/USD: The alligator is sleeping, no trend, patience.

GBP/USD: The price has broken the box so we expexct a second push of the wave 3, look for shorts.
USD/JPY: The price is below the alligator, downtrend, look for shorts.
USD/CHF:  There is no trend, patience.
AUD/USD: The price is above the alligator, still uptrend, look for longs.
EUR/JPY:  The price keep dropping after the break of the box, downtrend, look for shorts.
USD/CAD: It still looks like the wave 4, patience.
NZD/USD: The price is above the box, uptrend, look for longs with prudence.
XAU/USD: The wave 5 is loosing some steam after reaching TZ1, patience.

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