EURUSD recently broke above the pivotal resistance level 1.10150 (which accelerated the active short-term corrective wave 2 from the end of April). The price is currently trading close to the resistance level 1.11450 (top of wave (2) from the end of March). If the price breaks above the resistance level…

WTIUSD recently reversed up from the pivotal support level 31.55 (former monthly high from April, which stopped the previous short-term correction 4). The upward reversal from this support level continues the active medium-term upward corrective wave (B) from the middle of April. WTIUSD is likely to rise further toward the…

EURCHF recently broke through the key resistance level 1.06500 (which has been steadily reversing the price from the start of March), intersecting with the 50% Fibonacci retracement of the previous sharp downward impulse from the middle of January. With the strengthening bullish sentiment affecting the Euro today - EURCHF is…

EURCAD recently reversed up from the pivotal support level 1.5065 (which stopped the two previous waves 2 and (a), as can be seen below), standing near the lower daily Bollinger band and the 50% Fibonacci retracement of the previous sharp upward impulse wave 1 from the middle of February. With…

NZDCHF under bullish pressure after the earlier breakout of the pivotal resistance level 0.59500 (which stopped the two previous waves A and B, as can be seen below). The breakout of the 0.59540 coincided with the breakout of the 61.8% Fibonacci retracement of the previous sharp downward impulse wave from…

AUDCHF continues to rise after the earlier breakout of the key resistance level 0.6400 (which stopped the two previous waves A and (i), as can be seen below). The breakout of the resistance level 0.64000 accelerated the active impulse wave C. With the strong bearish sentiment affecting the Swiss franc…

GBPUSD recently corrected up from the support area located between the support level 1.21650 (former low of wave B from March), lower daily Bollinger Band and the 38.2% Fibonacci retracement of the previous sharp ABC correction (2) from March. With the strong bullish sentiment affecting the Sterling at the moment…

EURUSD recently reversed up from the support zone lying between the support level 1.08700 (former resistance from the start of May) and the 61.8% Fibonacci correction of the previous sharp upward impulse wave (i) - which belongs to the B-wave from the end of April. With the strong bearish sentiment…

USDCHF recently reversed up from the support area lying between the support level 0.96350, support trendline of the daily Triangle from the end of March and lower daily Bollinger Band. The upward reversal from this support area created the active daily candlesticks reversal pattern Bullish Engulfing. With moderate bearish sentiment…

EURCHF recently reversed up from the support area lying between the key support level 1.05800 (former resistance from the start of April) and the 50% Fibonacci correction of the previous upward correction from the middle of May. The upward reversal from this support area stopped the previous impulse wave 5.…