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  • #23,601
  • Jun 4, 2017 10:04pm Jun 4, 2017 10:04pm
EUR/USD Builds Higher High which Challenges 1.13 Resistance

Source: https://admiralmarkets.com/analytics...-13-resistance Admiral Markets

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...06-2017eu4.png
The EUR/USD bounced at the support levels (green/blue) and showed one more bullish rally. The new higher high is challenging the 100% Fib level at 1.13 of wave 2 (green), which is a break or bounce zone.
1 hour
https://fxmedia.s3.amazonaws.com/art...06-2017eu1.png
The EUR/USD is in a bullish trend channel (red/blue lines). The breakout direction above or below the channel will indicate what the next trend direction could be.

Source: https://admiralmarkets.com/analytics...-13-resistance Admiral Markets
  • #23,602
  • Jun 5, 2017 4:43am Jun 5, 2017 4:43am
USD/CAD Possible Retest of W H4/ D H5 Zone
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  • #23,603
  • Jun 5, 2017 10:09pm Jun 5, 2017 10:09pm
GBP/USD Bullish Break Runs into Resistance ahead of UK Elections

Source: https://admiralmarkets.com/analytics...f-uk-elections Admiral Markets

GBP/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...06-2017gu4.png
The UK will hold general parliamentary elections on Thursday 8 June 2017. Find out everything you need to know to trade through the UK general election 2017 via the special event page.
The GBP/USD broke above the resistance trend line (dotted red) which invalidated yesterday's bearish wave count and could make a bullish variant more likely although both support and resistance levels remain nearby.
1 hour
https://fxmedia.s3.amazonaws.com/art...06-2017gu1.png
The GBP/USD broke out above the smaller resistance line (dotted yellow) and is now challenging the resistance top (red).

Source: https://admiralmarkets.com/analytics...f-uk-elections Admiral Markets
  • #23,604
  • Jun 6, 2017 9:54pm Jun 6, 2017 9:54pm
USD/JPY Close and Reverse Potential at 78.6% Fibonacci

Source: https://admiralmarkets.com/analytics...78-6-fibonacci Admiral Markets

USD/JPY
4 hour
https://fxmedia.s3.amazonaws.com/art...06-2017uj4.png
The USD/JPY has reached the 78.6% Fibonacci level of wave B (brown) after breaking below the support trend line (dotted green). The 78.6% Fibonacci could act as a potential bounce spot for completing wave B (brown).
1 hour
https://fxmedia.s3.amazonaws.com/art...06-2017uj1.png
The USD/JPY could have completed 5 waves (grey/purple) within wave C (orange). This particular wave scenario and market structure would become more likely if price manages to break resistance (red) with bullish price action.

Source: https://admiralmarkets.com/analytics...78-6-fibonacci Admiral Markets
  • #23,605
  • Jun 7, 2017 1:56am Jun 7, 2017 1:56am
EUR/USD Flat Top Ascending Triangle Consolidation
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  • #23,606
  • Jun 7, 2017 11:10pm Jun 7, 2017 11:10pm
Forex, CFD Markets Await UK General Election

Source: https://admiralmarkets.com/analytics...neral-election Admiral Markets

GBP/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...06-2017gu4.png
The UK will hold general parliamentary elections today Thursday 8th of June 2017. The polls and results could impact price action for the rest of this and next week. More information how to trade through the UK general election 2017, please visit the dedicated event page.
The GBP/USD, not surprisingly, remains in a large consolidation zone (purple box) and channel (green/red lines). The breakout direction could depend on the above mentioned election results.
1 hour
https://fxmedia.s3.amazonaws.com/art...06-2017gu1.png
The GBP/USD broke above resistance but seems to be moving into resistance such as trend lines and Fibonacci levels.

Source: https://admiralmarkets.com/analytics...neral-election Admiral Markets
  • #23,607
  • Jun 8, 2017 1:50am Jun 8, 2017 1:50am
AUD/USD Slow Zig-Zag Towards 0.7580

Attached Image (click to enlarge)
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  • #23,608
  • Jun 8, 2017 10:55pm Jun 8, 2017 10:55pm
GBP/USD Drops 250pips as UK Elections Unfold

Source: https://admiralmarkets.com/analytics...ections-unfold Admiral Markets

GBP/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...06-2017gu4.png
The UK general parliamentary election took place yesterday on Thursday 8th of June 2017 and the election results indicate that the Conservative Party has lost its parliamentary majority. The Prime Minister Theresa May fails to increase her majority, as originally intended when calling for new elections in April, but also falls short of the 326 seats needed to keep its current majority.
For more information how to trade through the UK general election 2017, please visit the dedicated event page.
The GBP/USD reacted bearish to the election results as the likelihood of a hung parliament (no party having a majority) increased during the election night. Price broke support (dotted green) and managed to reach the bottom of the consolidation (purple box) and the Fibs of wave 4 (orange). The other wave scenario is outlined via the wave 123 (red) structure, which becomes more likely if price manages to break below the support trend line (blue) and reach the 161.8% target of wave 3.
1 hour
https://fxmedia.s3.amazonaws.com/art...06-2017gu1.png
The GBP/USD bearish price action was strong as the UK election results were announced during the night. At this moment it is unclear whether the bearish momentum is part of a larger correction (wave 4 orange) or a new downtrend (wave 3 red). A break below 1.27 would favour a new downtrend.

Source: https://admiralmarkets.com/analytics...ections-unfold Admiral Markets
  • #23,609
  • Jun 9, 2017 5:45am Jun 9, 2017 5:45am
USD/JPY Important Resistance Could Reject the Price

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  • #23,610
  • Jun 10, 2017 7:58am Jun 10, 2017 7:58am
06/08/2017 Forex Setup Unfold and New Setup

Inserted Video




Today we are going to involve move continuation setup and review unfold at EURSGD and NZDCAD. There are a lot of continuation setup today, If video helpful to you, please share, subscribe, comment, and feedback.
  • #23,611
  • Jun 11, 2017 9:09pm Jun 11, 2017 9:09pm
GBP/USD Awaits S&R Breakout after UK Election 2017

Source: https://admiralmarkets.com/analytics...-election-2017 Admiral Markets

GBP/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...06-2017gu4.png
Last week the UK held a general parliamentary election. Please visit the dedicated election page for more information on the event.
The GBP/USD has two likely wave scenarios. One variant is bullish where the Cable is completing a retracement within wave 4 (green). The alternative is a bearish reversal as indicated by the impulsive wave 123 (red). A breakout above the solid support and resistance (S&R) trend lines would indicate which direction is more likely.
1 hour
https://fxmedia.s3.amazonaws.com/art...06-2017gu1.png
The GBP/USD could be building an ABC (orange) correction but a break above the 100% level invalidates the bearish wave 2 (brown).

Source: https://admiralmarkets.com/analytics...-election-2017 Admiral Markets
  • #23,612
  • Jun 12, 2017 1:39am Jun 12, 2017 1:39am
GBP/USD Possible Breakaway Gap
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  • #23,613
  • Jun 12, 2017 9:33pm Jun 12, 2017 9:33pm
EUR/USD Building Gradually Reversal but Key Support Remains Intact

Source: https://admiralmarkets.com/analytics...remains-intact Admiral Markets

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...06-2017eu4.png
The EUR/USD seems to be slowing turning from an uptrend to a downtrend. A break above the 100% Fib resistance level at 1.13 (red line) however would invalidate the reversal whereas a break below support (blue) would increase the chance of a wave 3 (blue) indeed unfolding.
1 hour
https://fxmedia.s3.amazonaws.com/art...06-2017eu1.png
The EUR/USD invalidates wave 2 (orange) if price manages to break above the 100% Fib level.

Source: https://admiralmarkets.com/analytics...remains-intact Admiral Markets
  • #23,614
  • Jun 13, 2017 9:18pm Jun 13, 2017 9:18pm
GBP/USD Bullish Reversal Remains Fragile within ABC Correction

Source: https://admiralmarkets.com/analytics...abc-correction Admiral Markets

GBP/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...06-2017gu4.png
The GBP/USD showed a bullish bounce at the key support trend line (blue), which indeed caused an expansion of wave 2 (blue) via an ABC zigzag (orange). A bearish breakout could confirm wave 3 (red). The GBP/USD wave 2 is invalidated if price breaks above the 100% Fibonacci level.
1 hour
https://fxmedia.s3.amazonaws.com/art...06-2017gu1.png
The ABC (orange) correction could continue above the resistance (red) if price manages to use the Fibonacci levels of wave 4 (grey) without breaking below the 61.8% Fibonacci level. The breakout would probably complete 5 waves (grey) within wave C (orange).

Source: https://admiralmarkets.com/analytics...abc-correction Admiral Markets
  • #23,615
  • Jun 14, 2017 3:24am Jun 14, 2017 3:24am
EUR/USD Still Kept in a Very Tight Range

Attached Image (click to enlarge)
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  • #23,616
  • Jun 14, 2017 10:32pm Jun 14, 2017 10:32pm
EUR/USD Challenges 1.13 but Reverses with US Rate Hike

Source: https://admiralmarkets.com/analytics...h-us-rate-hike Admiral Markets

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...06-2017eu4.png
The EUR/USD challenged the key 1.13 resistance zone (red line) after weak inflation figures in the US were released yesterday. Despite the recent weakness in inflation levels, the US interest rates did increase from 1% to 1.25% later in the day which sparked a renewed US Dollar rally and hence a decline in the EUR/USD.
The EUR/USD is currently caught in between strong support and resistance and would need to break (arrows) these levels before a potential trend could start.

Source: https://admiralmarkets.com/analytics...h-us-rate-hike Admiral Markets
  • #23,617
  • Jun 15, 2017 3:32am Jun 15, 2017 3:32am
GBP/USD Rectangle Range Prior to the MPC Policy Decision
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  • #23,618
  • Jun 15, 2017 10:08pm Jun 15, 2017 10:08pm
USD/JPY Reversal at 88.6% Fib plus Major Bullish Break

Source: https://admiralmarkets.com/analytics...-bullish-break Admiral Markets

USD/JPY Reversal at 88.6% Fib plus Major Bullish Break
June 16, 2017 04:00
USD/JPY
4 hour
https://fxmedia.s3.amazonaws.com/art...06-2017uj4.png
The USD/JPY has strongly bounced at the 88.6% Fibonacci level of wave B (brown) and price managed to break above the resistance trend line (red) as well. Price has most likely completed wave B (brown) and is building bullish momentum (orange 3) within wave C (brown).
1 hour
https://fxmedia.s3.amazonaws.com/art...06-2017uj1.png
The USD/JPY broke above resistance (dotted red) and could be building a wave 3 (purple) within a wave 3 (orange).

Source: https://admiralmarkets.com/analytics...-bullish-break Admiral Markets
  • #23,619
  • Jun 16, 2017 3:46am Jun 16, 2017 3:46am
GBP/JPY Further Uptrend Expected As Long As the Price is Above 141.35
Attached Image (click to enlarge)
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  • #23,620
  • Jun 18, 2017 9:37pm Jun 18, 2017 9:37pm
EUR/USD Wave 2 Pullback at 1.1250 Resistance

Source: https://admiralmarkets.com/analytics...250-resistance Admiral Markets

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...06-2017eu4.png
The EUR/USD showed strong bearish momentum which is why it has been marked as a wave 1 (brown). However, price will need to break below the support trend line (blue) to confirm the end of the long-term uptrend.
1 hour
https://fxmedia.s3.amazonaws.com/art...06-2017eu1.png
The EUR/USD is building a potential ABC (blue) zigzag within wave 2 (brown). A break above the 100% Fib level and resistance (red) invalidates the bearish reversal.

Source: https://admiralmarkets.com/analytics...250-resistance Admiral Markets
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