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​EUR/USD Bullish SHS Pattern Within 1.1350 Zone
​EUR/USD Bullish SHS Pattern Within 1.1350 Zone
Source: Admiral Markets MT5 with MT5SE Add-onThe EUR/USD has formed a bullish Head and Shoulders pattern with the right shoulder being within the 1.1350 zone. If the price closes above the trend line, it will mean a potential breakout to the upside targeting 1.1477. However if the price breaks below...
2
​DAX30 Possibly Targeting 12050 Zone
​DAX30 Possibly Targeting 12050 Zone
Sources: Admiral Markets MT5 with MT5SE Add-onThe DAX30 has made a break below the trend line and at this point it is still trapped below the W L4 camarilla pivot. POC 12300-325 is the first POC zone that could initiate fresh selling if the price retests it. POC2 12500-520 is the POC2 with a very st...
0
​EUR/USD Monthly Support Retest is Possible Only Above 1.1350
​EUR/USD Monthly Support Retest is Possible Only Above 1.1350
Source: Admiral Markets MT5 with MT5SE Add-on The EUR/USD dipped way below M L5 Pivot (Strongest Monthly Support) and currently it is below the Weekly L3 pivot. This indicates a strong downtrend with a potential for further bearish pressure. Only a close above 1.1350 might initiate a bullish correct...
2
​GBP/USD Could Initiate a Bigger Correction
​GBP/USD Could Initiate a Bigger Correction
Sources: GBPUSD Daily Data Range 12 June 2018 - 10 Aug 2018 / GBPUSD Weekly Data Range Dec 2015 - Jul 2018 / Admiral Markets MT5 with MT5SE Add-on The GBP/USD has formed a bullish divergence exactly near the M L5 bottom. 1.2710-40 is the zone where the correction could start. If 1.2700 holds the pri...
0
​EUR/USD H8 Chart is Showing a Possible Retracement
​EUR/USD H8 Chart is Showing a Possible Retracement
Source: EUR/USD H8 Chart, Admiral Markets MT5 with MT5 Add-On, August 2018The EUR/USD is in a downtrend but the pair has been ranging last few days. At this point we see a possible retracement to 1.1615-40, close to historical sellers. A rejection from the POC zone should target 1.1516. However a bo...
9
GBP/USD Double Trend Line Confluence
GBP/USD Double Trend Line Confluence
Source: Admiral Markets MT5 with MT5SE Add-on The GBP/USD has broken the bearish consolidation below 1.3070 level. A retracement within 1.3055-3085 could spark a new wave of sellers. The POC zone is marked by two descending trend lines and EMA89. If the price gets in the zone, we should see a reject...
6
​NFP Analysis: USD/JPY is Setting Up for Inverted Head and Shoulders
​NFP Analysis: USD/JPY is Setting Up for Inverted Head and Shoulders
Source: Admiral Markets MT5 with MT5SE Add-on The NFP with all accompanying data (Average Hourly Earnings and Unemployment Rate) will determine the next move on the USD/JPY, popular "Ninja". A this point we can see that the pair has been bought on dips but the negative result might tunrn the tables....
14
​GBB/JPY is Waiting for the BOE Decision
​GBB/JPY is Waiting for the BOE Decision
Source: Admiral Markets MT5 with MT5SE Add-onToday is a big day for the GBP. The market is expecting a rate hike of +0.25 % from 0.50% to 0.75%. The decision is an interest rate at which the BOE lends to financial institutions overnight. The hike seems to be priced in the market but according to the...
7
Gold Master Candle Breakout
Gold Master Candle Breakout
Source: Admiral Markets MT5 with MT5SE Add-on The Master candle breakout (blue highlight) happened exactly below 1223.48 and the price went to 1219 zone subsequently. This indicates a range play with continuation possibilities. Below 1219, targets are 1215.50 and 1213. 1208.82 is the final daily pro...
8
​EUR/GBP Ascending Trend Line Confluence
Source: Admiral Markets MT5 with MT5SE Add-on EUR/GBP has formed ascending trend line confluence that is suggesting a further uptrend continuation. The POC zone 0.8900-10 is a possible bouncing spot where fresh buyers could turn the price up. Deeper retracement might target 0.8885-95 and that is als...
2
​GOLD is Trapped Within the Rectangle Range
Source: Admiral Markets MT5 with MT5SE Add-on Gold has been trapped within a rectangle range between the two POC zones. Trend lines are also marking congestion that follows the range play. There are two possible scenarios inside the range. A rejection from the lower POC 1216-1218 zone towards 1227.6...
15
USD/CAD Preparing for a Breakout
Source: Admiral Markets MT5 with MT5SE Add-on The USD/CAD has formed a consolidation triangle within the boundaries of W L4 support. We can even spot a bullish divergence at the bottom. Breakout might happen at the breakout of 1.3060-70 zone towards 1.3095-1.3114. If the price gets there it will eit...
12
GBP/USD Ascending Trend Line Breakout
Source: Admiral Markets MT5 with MT5SE Add-on The GBP/USD has broken through a trend line that marks a possible continuation of a bullish move. The POC zone is 1.3165-85. The price needs to make a close above 1.3209 to proceed further up. Intraday target zone is 1.3220-30 while the extension on a po...
10
EUR/USD Bouncing at 50.0 Fibonacci Retracement
Source: Admiral Markets MT5 with MT5SE Add-onThe EUR/USD has formed an inverted Head and Shoulders Pattern with a subsequent breakout above the highest pattern point. The price has bounced from 50.0 fibonacci retracement and it is trying to break above 1.1700. If the price breaks 1.1700 targets are ...
14
Gold Head and Shoulders Formation in Progress
Source: Admiral Markets MT5 with MT5SE Add-on The Gold is forming a potential Head and Shoulders pattern close to D H4 support. The pattern will become valid if the price rejectes from 1227.90-1231.45 zone. In that case sellers will resume control and the price should reach 1220.89. If the price bre...
20
​USD/CAD Consolidation Between Two Weekly Pivot Points
​USD/CAD Consolidation Between Two Weekly Pivot Points
Source: Admiral Markets MT5 with MT5SE Add-onThe USD/CAD has been consolidating between two weekly pivot points that are in confluence with daily pivots too. 1.3094 and 1.3190 are support and resistance, respectively. A 4h candle close ot 1h momentum candle below 1.3090 should target 1.3045 followed...
10
USD/JPY Ascending Trend Line Holds the Trend in Place
USD/JPY Ascending Trend Line Holds the Trend in Place
Source: Admiral Markets MT5 with MT5SE Add-on The USD/JPY lost its ground above 113.00 after US president Trump's comments regarding rate hikes. Currently, the POC zone is 112.05-17. There is also an ascending trend line that is holding the trend in place and serves as the additional confluence. A b...
20
​USD/CAD Supported at 61.8 and 78.6 Fibonacci Retracement
​USD/CAD Supported at 61.8 and 78.6 Fibonacci Retracement
Source: Admiral Markets MT5 with MT5SE Add-on The USD/CAD is supported at 61.8 and 78.6 fib retracement of the last swing. 1.3166-84 is the first POC zon, where bounce is possible, while the POC2 is 1.3125-1.3140. Both zones could be valid for longs providing that W L3 holds – 1.3110. Targets are 1....
9
AUD/USD Bearish Triangle Breakout
AUD/USD Bearish Triangle Breakout
Source: Admiral Markets MT5 with MT5SE Add-onAs we could have seen in the previous AUD/USD analyses, the price followed the bearish setup and at this point it is making a breakout. The bearish triangle breakout zone is 0.7390-0.7405 and this is the POC for short trades. A 4h close below 0.7350 shoul...
4
NZD/USD Inverted Head and Shoulders Pattern Hints Bullish Continuation
NZD/USD Inverted Head and Shoulders Pattern Hints Bullish Continuation
Source: Admiral Markets MT5 with MT5SE Add-onThe NZD/USD has formed an inverted Head and Shoulders pattern, and we can see a breakout above the neckline (blue). 0.6790-0.6805 is the POC zone, and the price could bounce from the zone on another retest. However, a break above 0.6839 might initiate a n...
19
WTI Horizontal Channel Congestion Prior to Breakout
WTI Horizontal Channel Congestion Prior to Breakout
Source: Admiral Markets MT5 with MT5SE Add-onThe WTI started a bearish move at the break of bullish wedge top and now it is trading within the horizontal channel. However, the price is currently below the EMA89 and MACD is below zero line so we might see another drop. 67.20-40 is the POC zone. Rejec...
3
EUR/USD Combined Bullish Patterns Targeting 1.1750 Interim Resistance
EUR/USD Combined Bullish Patterns Targeting 1.1750 Interim Resistance
Source: Admiral Markets MT5 with MT5SE Add-onPositive news about Italy yesterday, sent the EUR/USD bouncing from support and making two bullish patterns. V-shaped reversal combined with Inverted Head and Shoulders saw the trend change on intraday timeframes. It looks like the EUR/USD formed two POC ...
7
Аналитика рынка форекс на 31 мая: EURUSD, GBPUSD, GOLD, Brent, DAX30, Биткоин
Данная информация касается всех видов анализа, мнений, прогнозов, ожиданий и любых подобных им оценок и информации (далее „Публикация"), опубликованных на домашней странице AdmiralMarkets. Перед принятием инвестиционного решения просим обратить внимание на следующее:1.Публикация является информативн...
6
GBP/USD Time for a Correction?
GBP/USD Time for a Correction?
Source: Admiral Markets MT5 with MT5SE Add-onThe GBP has reached the 1.3200 zone as expected and predicted via my latest GBP/USD analysis and FXStreet poll. We can see that bullish divergence has formed and 1.3240-70 is the zone where price might reject to the upside. If 1.3230 holds next targets co...
5
GBP/JPY Flat Descending Triangle Breakout
GBP/JPY Flat Descending Triangle Breakout
Source: Admiral Markets MT5 with MT5SE Add-onThe GBP weakness has made both the GBP/USD and GBP/JPY breakout to the downside a matter of time. The GBP/JPY has broken through 145.11 and 144.70 and it is targeting 144.15 as the first target. If the 4h candle closes below 144.14 we could see 142.92. Pu...
3
AUD/USD Megaphone Pattern in Uptrend
AUD/USD Megaphone Pattern in Uptrend
Source: Admiral Markets MT5 with MT5SE Add-onThe AUD/USD has been in an uptrend but during the latest consolidation it has formed a megaphone pattern variant. The broadening top or megaphone is a pattern that shows both higher highs and lower lows In this case we can see a triple bottom and higher h...
7
GBP/USD Break Below the Equidistant Channel is Possible
GBP/USD Break Below the Equidistant Channel is Possible
Source: Admiral Markets MT5 with MT5SE Add-onThe GBP/USD has been in a steady progressive downtrend. We can clearly see the equidistant channel holding the bearish trend intact. The pair is currently underpinned by being kept below the Weekly L4 1.3380 so we might see a drop towards 1.3310, 1.3250 a...
3
USD/CAD Rectangle Consolidation Above Ascending Trend Line
USD/CAD Rectangle Consolidation Above Ascending Trend Line
Source: Admiral Markets MT5 with MT5SE Add-onThe USD/CAD has been consolidating within the rectangle range above M L3 pivot point. Consolidation is also between the W L3 and H3 above the ascending trend line, so I assume the price is still bullish. 1.2760-1.2787 is the POC zone and we might expect a...
5
GBP/JPY Direct Drop After the Bearish SHS
GBP/JPY Direct Drop After the Bearish SHS
Source: Admiral Markets MT5 with MT5SE Add-onThe GBP/JPY has dropped after the bearish SHS variant has been formed in 4h time frame. We can see how the trend line break caused a direct drop to W L5 camarilla pivot. This is the important zone 147.00-15. We might see a spike towards a retest of trend ...
4
USD/JPY Progressive Zig-Zag Potentially Targeting 111.60
USD/JPY Progressive Zig-Zag Potentially Targeting 111.60
Source: Admiral Markets MT5 with MT5SE Add-onThe USD/JPY has formed a progressive Zig-Zag pattern and at this point it seems like bullish momentum is shaping up for a new push higher. 110.90-111.05 is the POC zone and if the price manages to stay above 110.70 we might see higher levels. Next targets...
2
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