The Non Farm Payroll (NFP) and unemployment rate in the US were released last week Friday. The news and data cause US Dollar strength which has sent the EUR/USD downwards. The bearish reaction could indicate the end of wave 3 (green) and start of
...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 Non Farm Payroll (NFP) numbers will be released later today for the US, which could significantly impact the US Dollar. The EUR/USD specifically is in an uptrend but could be losing some of its momentum because the angle of resistance trend lin
...The EUR/USD has reached yesterday's first target at 1.1925. A continuation towards 1.20 is possible if price stays above the support trend lines (green/blue).
The EUR/USD completed an ending diagonal within the 5th wave (purple). Th
...The EUR/USD built a small correction after the bullish breakout earlier this week. The bearish retracement stayed above support trend lines (green/blue) and could now be ready for a continuation towards the Fibonacci targets of wave 5 vs 1+3 at 1.
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