USD/JPY
4 hour
Source: Admiral Markets MT5 with MT5SE Add-on USD/JPY motive wave
The USD/JPY broke below the support trend line (dotted blue) but the breakout was short as price retraced back to the resistance trend line (red). Overall, price is in a bearish channel at the
EUR/USD
4 hour
Source: Admiral Markets MT5 with MT5SE Add-on EUR/USD motive wave
The EUR/USD is testing a critical support trend line (blue) which is decision zone for a continuation of the downtrend or extension of the bullish correction (pink WXY as indicated in the imag
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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 E
...EUR/USD
4 hour
Source: Admiral Markets MT5 with MT5SE Add-on EUR/USD motive wave
The EUR/USD broke the support trend line (dotted blue) and could either be re-starting the downtrend or extending the bullish correction (pink WXY as indicated in the image). A break below the
USD/JPY
4 hour
Source: Admiral Markets MT5 with MT5SE Add-on USD/JPY motive wave
The USD/JPY is probably building a bearish ABC (red) pattern within wave E (purple). The support and resistance trend lines remain critical for any potential bullish or bearish breakout. Anoth
