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
Odabirom jednog od tih regulatornih tijela vidjet ćete informacije na cijeloj stranici. Ukoliko želite vidjeti informacije o drugom regulatoru, molimo odaberite ga.
Odabirom jednog od tih regulatornih tijela vidjet ćete informacije na cijeloj stranici. Ukoliko želite vidjeti informacije o drugom regulatoru, molimo odaberite ga.

Weekly Wave Analysis EUR/USD, GBP/USD, USD/JPY 7 May 2018

Svi 07, 2018 14:20

Hello trader,

Please find below this week's wave analysis on the EUR/USD, GBP/USD and USD/JPY daily, weekly and monthly charts.

EUR/USD

The EUR/USD broke the key support zone and is building a bearish channel with a steep angle. But price needs to at least reach the 161.8% Fib target of wave 3 (purple) which is a minimum target for such a wave 3. At that point a wave 4 correction could take place.

Daily chart:

The EUR/USD seems to have completed the 5th (purple) wave within wave A (red) and price is now building a bearish ABC (purple) correction within wave B (red).

Weekly chart:

The EUR/USD has probably completed wave A (red) and price is now retracing back to the Fibonacci levels of wave B (red).

Monthly chart:

GBP/USD

The GBP/USD bearish momentum is strong and is indicating a potential wave 1 (pink).

Daily chart:

The GBP/USD has probably started the bearish wave 5 after price has completed a wave 4 (light purple) correction.

Weekly chart:

The GBP/USD bearish breakout could see the continuation of the wave 5 (purple) whereas a bullish break above resistance (red) could indicate that the wave C has been completed at the bottom.

Monthly chart:

USD/JPY

The USD/JPY has bounced at the 38.2% Fibonacci resistance which most likely completed a wave W (pink).

Daily chart:

The USD/JPY could be building an ABCDE triangle (light purple) within wave B (red).

Weekly chart:

The USD/JPY could now rise towards the Fibonacci levels of wave D (light purple).

Monthly chart:

This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.

Upozorenje o riziku

CFD-ovi su složeni instrumenti i dolaze s visokim rizikom od brzog gubitka novca zbog financijske poluge. 83% računa malih ulagatelja izgubi novac tijekom trgovanja CFD-ovima s ovim pružateljem usluga. Trebali biste razmotriti razumijete li kako CFD-ovi funkcioniraju te možete li si priuštiti preuzimanje visokog rizika od gubitka novca.