Market Analysis of the 17th of October 2016 : 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 have some nice trends for the start of this week
EUR/USD: Nice break down of the box, look for shorts
GBP/USD: We are into the wave 5 down, look for shorts.
USD/JPY: This is still the wave 4, price broke the upper level of the box, so we can go long with prudence
USD/CHF: Nice break up of the box, look for longs.
AUD/USD: Sleeping alligator, no trend, patience.
EUR/JPY: We are into the wave 4, look for shorts below the alligator as we expect the wave 5.
USD/CAD: This is still the wave 4, we expect a wave 5, look for shorts as the price broke the lower level of the box.
NZD/USD: The price broke the lower level of the box, look for shorts.
XAU/USD: The price broke very nicely the lower level of the box, look for shorts.
Daily Charts: We have some nice trends for the start of this week
USD/JPY: This is still the wave 4, price broke the upper level of the box, so we can go long with prudence
USD/CHF: Nice break up of the box, look for longs.
AUD/USD: Sleeping alligator, no trend, patience.
EUR/JPY: We are into the wave 4, look for shorts below the alligator as we expect the wave 5.
USD/CAD: This is still the wave 4, we expect a wave 5, look for shorts as the price broke the lower level of the box.
NZD/USD: The price broke the lower level of the box, look for shorts.
XAU/USD: The price broke very nicely the lower level of the box, look for shorts.
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