EURUSD recently reversed up from the support zone lying between the key support level 1.11900 (low of the previous corrective wave (a)), support trendline of the daily up channel from May and the 38.2% Fibonacci correction of the earlier sharp upward wave A from the end of April. Given the…

EURGBP recently broke through the resistance zone lying between the resistance 0.90500 (top of the previous impulse wave (i)) and the 50% Fibonacci correction of the earlier sharp downward correction B from the middle of March). The breakout of this resistance zone accelerated the active impulse wave (iii). Given the…

EURJPY recently reversed down from the resistance zone located between the key resistance level 121.000 and the 38.2% Fibonacci retracement of the previous short-term downward impulse wave (i) from the start of June. The downward reversal form the aforementioned resistance zone started the active impulse wave (iii). Given the strong…

Gold recently reversed down from the resistance zone lying between the resistance level 1775.00 and the upper daily Bollinger band. The downward reversal form this resistance zone started the active short-term corrective wave (iv). Given the oversold daily Stochastic - Gold is likely to correct down further toward the next…

GBPJPY recently reversed down from the resistance zone located at the intersection of the resistance level 134.000 (former support from the middle of June) and the lower trendline of the recently broken daily up channel from the middle of March. The downward reversal form the aforementioned resistance zone started the…

WTIUSD recently reversed down from the resistance zone located between the round resistance level 40.00 (top of the previous impulse wave A), upper daily Bollinger band and the 61.8% Fibonacci retracement of the previous multi-month downward impulse from the start of January. The downward reversal form the aforementioned resistance zone…

EURGBP recently reversed down from the resistance zone located between the pivotal resistance level 0.90500 (top of the previous impulse wave (i)), upper daily Bollinger band and the 50% Fibonacci retracement of the earlier sharp downward impulse from the middle of March. Given the strength of the resistance level 0.90500…

USDCHF recently reversed up from the support zone lying between the support level 0.94100 (which formed the previous daily Morning Star) and the lower daily Bollinger band. The upward reversal from this support zone created the second consecutive candlesticks reversal pattern near the support level 0.94100 - Bullish Engulfing. Given…

GBPCAD recently reversed up from the support zone lying between the support level 1.68350 (former monthly low from May) and the lower daily Bollinger band. The upward reversal from this support zone started the active medium-term impulse wave (3). Given the rising daily Momentum and the moderate bullish sentiment affecting…

AUDNZD continues to rise inside the impulse wave (3), which started earlier from the support zone lying between the support level 1.08500 (former monthly low from May), lower daily Bollinger band and the 38.2% Fibonacci correction of the previous sharp upward impulse wave (1). Given the powerful bearish sentiment storm…