Admiral Markets Group consists of the following firms:

Admiral Markets UK Ltd

Regulated by the Financial Conduct Authority (FCA)
  • Leverage up to:
    1:30 for retail clients,
    1:500 for professional clients
  • FSCS protection
  • Negative balance protection
CONTINUE

Admiral Markets AS

Regulated by the Estonian Financial Supervision Authority (EFSA)
  • Leverage up to:
    1:30 for retail clients,
    1:500 for professional clients
  • Tagatisfond protection
  • Negative balance protection
CONTINUE

Admiral Markets Cyprus Ltd

Regulated by the Cyprus Securities and Exchange Commission (CySEC)
  • Leverage up to:
    1:30 for retail clients,
    1:500 for professional clients
  • ICF protection
  • Negative balance protection
CONTINUE

Admiral Markets Pty Ltd

Regulated by the Australian Securities and Investments Commission (ASIC)
  • Leverage up to:
    1:500 for retail clients
  • Volatility protection
CONTINUE
Note: If you close this window without choosing a firm, you agree to proceed under the FCA (UK) regulation.
Note: If you close this window without choosing a firm, you agree to proceed under the FCA (UK) regulation.
Regulator fca efsa CySEC asic

Trading Roundup: PayPal – An Oldie but a Goldie

June 22, 2018 15:20

Source: Shutterstock

Have you ever given a thought to how fast technology actually moves? There are new developments every single day of our increasingly computerised lives.

One of the most basic things, payment, is a very vivid example. Fewer and fewer people are using real cash. We're clearly on the road to a cashless future considering the growing number of cashless payment options.

Why the preamble? There's one stock that's been steadily on the rise – PayPal. The company is no doubt the benchmark for the cashless transactions. The platform was one of the first digital providers of bank-like solutions, i.e., sending money and processing payments.

Today, PayPal boasts 227 million accounts worldwide and processes $2.2 billion transactions on a quarterly basis. Its stock is up 140% since its July 2015 spin-off. These are fascinating numbers, but let's now have a more detailed look at the latest movements of PayPal share CFD price!

Overview of PayPal Share CFD Price

Bullish Pennant for Uptrend Continuation

Source: #PYPL, H8 chart, Admiral Markets MT5 with MT5 add-on, Jun 2018

The massive uptrend in the PayPal share price could continue. The H8 time frame shows a structured bullish pennant; in the short run, we could see a spike after a potential retest of the POC zone. If we don't see a POC zone retest but rather a candle close above Monthly H3 (M H3) resistance, the share price could bounce to 89.14 and 91.54. Only a strong momentum or a daily candle close above 91.54 should start a new rally towards 97.07 – the strongest Monthly Pivot Point (M H5).

Trade Most Popular Share CFDs with Admiral Markets

The share CFD offering of Admiral Markets is impressive, catering for all your needs. Should you be interested in other financial products, be sure to have a look at the entire range of our product offering.

If you found this post interesting, we welcome you to our Trader's Blog and Articles & Tutorials sections that share valuable insights on every aspect of trading. Remember, education matters the most.

    trade forex and cfd


References

  1. MarketWatch

This material does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not reliable indicator for any current or future performance as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks.


Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.