Admiral Markets Group consists of the following firms:

Admiral Markets UK Ltd

Regulated by the Financial Conduct Authority (FCA)
  • Leverage up to:
    1:30 for retail clients,
    1:500 for professional clients
  • FSCS protection
  • Negative balance protection
CONTINUE
Избиране на един от тези регулатори, ще доведе до съответстваща информация в целия уебсайт. Ако искате да бъде визиуализирана информация за различен регулатор, моля изберете го.
Избиране на един от тези регулатори, ще доведе до съответстваща информация в целия уебсайт. Ако искате да бъде визиуализирана информация за различен регулатор, моля изберете го.

EUR/USD Builds ABC Retracement back to Support Trend Line

Септември 12, 2017 07:00

EUR/USD

4 hour

The EUR/USD continued to move lower as it approaches the support trend line (blue) yet again. The bearish bounce is indicating that the recent bullish momentum is probably a wave B (red), which is part of a larger ABC (red) correction.

1 hour

The EUR/USD did not confirm the bullish break yesterday and in fact invalidated the bullish wave 4. A bearish 5 wave pattern seems to be unfolding within wave C (red).

GBP/USD

4 hour

The GBP/USD is challenging a deep 88.6% resistance Fibonacci retracement level of wave 2 vs 1 (red). A break above the 100% Fib level invalidates that wave 2 (red). Price could either be in an ABC (purple) correction or in a wave 123.

1 hour

The GBP/USD is retested an important resistance trend line (red) but failed to break above it. This could have completed wave 5 (green) if price manages to break below the 61.8% Fib of wave 4 vs 3.

USD/JPY

4 hour

The USD/JPY showed a strong bullish reaction at the 61.8% Fibonacci target of wave C vs A (brown), which could indicate a change of trend direction. A break above resistance (brown) would confirm that. A break below support (blue) could price challenge the bottom.

1 hour

The USD/JPY is showing strong bullish momentum, which makes a wave 4 (green) unlikely but price needs to break above 109.87 to invalidate it. The alternative is a 123 (blue) bullish wave count.

Follow @ChrisSvorcik on twitter for latest market updates.
Connect with Chris Svorcik on Facebook for latest Forex and education tips.

MT4 Supreme Edition + Volatility Protection


Предупреждение за риск

ДЗР са сложни инструменти и носят висок риск от бърза загуба на средствав резултат на ливъридж. 83% от сметките на инвеститорите надребно губят пари, когато търгуват ДЗР с този доставчик Помислете дали разбирате как функционират ДЗР и дали можете да си позволите да поемате високия риск от загуба на парите си.