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See our latest analysis in our new Market Analysis series. Every Monday, Wednesday and Friday professional trader and market analyst Jens Klatt will comment on the most active financial instruments, using technical analysis, fundamental analysis and the economic calenda
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Source: Admiral Markets MT5 with MT5SE Add-on USD/JPY motive wave – Accessed 17 October 2018 at 5:00 AM GMT
The USD/JPY currency pair seems to be building a bullish retracement within the downtrend. As long as the price stays below the 382-50% Fibonacci resis
...4 hour
Source: Admiral Markets MT5 with MT5SE Add-on USD/JPY motive wave – Accessed 16 October 2018 at 4:00 AM GMT
The USD/JPY currency pair made a new low yesterday, which is probably part of a bearish wave 5 (purple) of a larger wave A (pink). The main target of
...4 hour
Source: Admiral Markets MT5 with MT5SE Add-on USD/JPY motive wave – Accessed 15 October 2018 at 5:00 AM GMT
The USD/JPY currency pair made a bearish bounce at the 23.6% Fibonacci retracement level, which could be part of a wave 4 (red) pattern and the start
...Please find here below this week's wave analysis on the EUR/USD currency pair, GBP/USD currency pair and USD/JPY currency pair using the daily, weekly and monthly charts.
EUR/USD
The EUR/USD currency pair completed a wave A (purple) within a wave X (pink) at the 1.14 sup
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