GBP/USD
4 hour
The GBP/USD uptrend keeps pushing for higher highs. Price has now arrived at the previous top on a daily chart which is a strong resistance level. A bullish breakout could see price make an extension towards the round level at 1.45 whereas a bearish retrace
...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
...USD/JPY
4 hour
The USD/JPY has made one more bullish push towards the key 50% Fibonacci resistance level, which has acted as a key resistance zone. Price is now building a rising wedge reversal chart pattern and a break of the support trend line (blue) could confirm the s
...USD/JPY
4 hour
The USD/JPY is in a mild bullish channel which is testing key Fibonacci resistance levels. These Fib levels are a key break or bounce spot: a bullish break makes a wave 4 unlikely whereas a bearish break could indicate a continuation of the downtrend. The b
...GBP/USD
4 hour
The GBP/USD bullish trend is testing the previous resistance levels (red), which could complete a wave 5 (green) pattern and start a potential reversal. A break below the long-term support trend line would confirm a larger bearish reversal.
1 hour
On the 1 ho
...