What happens if I select a regulator?

Admiral Markets UK is regulated by the UK Financial Conduct Authority (FCA): Firm Ref № 595450.

Admiral Markets AS is regulated by the Estonian Financial Supervision Authority (EFSA): License № 4.1-1/46.

Admiral Markets Cyprus Ltd authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC): License number 201/13.

Selecting one of these regulators will display the corresponding information across the entire website. If you would like to display information for a different regulator, please select it.

Thank you, got it

EUR/USD Challenges Support Zone within Bearish Wave C

February 20, 2018 06:30


4 hour

The EUR/USD has either completed the 5th wave (purple) at the most recent high or price is expanding via a WXY corrective pattern within wave 4 (purple).

1 hour

The EUR/USD is probably building a bearish ABC (green) zigzag when considering the strong bearish price action in wave A (green). A break below the support trend line (green) could see price fall lower towards 1.2250-1.23.


4 hour

The GBP/USD is in between support (green/blue) and resistance trend line (red). A bullish breakout could indicate a continuation within wave 5 (green) whereas a bearish break could indicate a new downtrend.

1 hour

The GBP/USD is challenging the Fibonacci levels of wave 4 (blue).


4 hour

The USD/JPY is retesting the resistance levels of the downtrend.

1 hour

The USD/JPY is building a correction within potential wave 4 (orange).

Follow @ChrisSvorcik on twitter for latest market updates.
Connect with Chris Svorcik on Facebook for latest Forex and education tips.

Download MT4 Supreme Edition

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.