GBP/USD
4 hour
The GBP/USD failed to break above the resistance trend line (orange) and made a bearish reversal at this decision zone. Price broke below key support levels and is now challenging the 1.3250 round level and the previous bottom. A bearish break below 1.32 co
...USD/JPY
4 hour
The USD/JPY bullish breakout is building a bearish pullback, which seems to be a larger ABC (purple) zigzag pattern. An uptrend continuation is likely if price is able to break above the previous top. In that case one of the targets could be the -27.2% Fibo
USD/JPY
4 hour
The USD/JPY bullish breakout above the resistance trend line has sparked a continuation of the uptrend within the bullish trend channel. The USD/JPY seems to be building a bigger bullish ABC pattern (purple). Price could be in a wave 3 if price manages to b
EUR/USD
4 hour
The EUR/USD bounced at the 38.2% Fibonacci retracement level of wave 4 (pink) and is now testing key support trend lines (blue). A bearish breakout could indicate the restart the downtrend whereas a bullish bounce could see price develop an expanded WXY (p
...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/
EUR/USD
The
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