Admiral Markets - Analytics

Admiral Markets

699.75 6.75/10
83% of positive reviews
Real

Daily Wave Analysis for 26 February 2015


4 hour EURUSD: the main support and resistance lines of the consolidation are between /- 1.1275 and 1.1450. The invalidation level for the wave 4 is the bottom of wave 1 (red line).


60 min EURUSD: price is building a tight triangle (purple) within the bigger consolidation.

GBPUSD


4 hour GBPUSD: the orange and dark green trend lines could indicate a rising wedge chart formation unless price is able to break above the resistance (orange).


60 min GBPUSD: price is getting close to the main target for the moment which is the 100% Fibonacci level.

USDJPY


4 hour USDJPY: price could be part of the wave X or the wave Y (purple) of the wave E (red).


60 min USDJPY: price is now building a smaller correction between the dark red and dark green trend lines.



To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree