74%
of retail accounts lose money when trading CFDs with this provider.
Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
74%
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.
English (International)
Hello trader,
Please find here below this week's wave analysis on the EUR/USD, GBP/USD and USD/JPY daily, weekly and monthly charts. More education, analytics, articles, and webinars can be found daily on Admiral Markets. https://admiralmarkets.com/analytics/
The EUR/USD failed to break above the previous top (red), which means that price could now be building a larger WXY (blue) correction. A break below the support trend line (blue) could indicate a deeper correction at the Fibonacci levels of wave 4
...The EUR/USD is now challenging the previous top (red). A bullish breakout would confirm the development of a wave 3 (blue) of a wave 5 (purple). A failure to break could indicate a bullish ABC rather than a 123. In that case the correction could t
...The EUR/USD challenged the short-term resistance trend line (red) but failed to break and made a new retest of the support trend line (blue). Price bounced at the support trend line, which could be part of a wave 2 (blue) pullback. A bullish break
...The EUR/USD bearish retracement seems to have ended after bouncing at the support zone and trend lines. The bearish wave C (blue) did not manage to break the bottom of wave A by much before price continued moving higher. The bullish break above th
...
Live chat