EURJPY currency pair recently reversed up from the pivotal support level 139.110 (former resistance from the middle of April), 20-day moving average and the 50% Fibonacci correction of the upward impulse wave (i) from start of May. The upward reversal from the support level 139.110 started the active minor impulse…

EURUSD currency pair recently reversed up from the key support level 1.03600 (which stopped the earlier sharp downtrend in the middle of May) and the lower daily Bollinger Band. The upward reversal from the support level 1.03600 started the active minor correction 4, which belongs to the higher-order impulse wave…

CHFJPY currency pair recently broke above the key resistance level 138.000 (former top of the minor impulse wave (i) from the start of June). The breakout of the resistance level 138.000 accelerated the active impulse waves (iii) and 3 - both of which belong to the higher-order impulse wave (5)…

USDJPY currency pair recently reversed up from the support zone set between the key support level 131.350 (former top of the sideways price range inside which the pair has been moving from the middle of April) intersecting with the 20-day moving average and the 50% Fibonacci retracement of the earlier…

CADJPY currency pair recently reversed up from the support zone located between the key support level 102.000 (former strong resistance from the middle of April, acting as the support after it was broken previously) intersecting with the 20-day moving average and the 50%Fibonacci correction of the earlier upward impulse (i)…

GBPUSD currency pair recently reversed down from the key resistance level 1.22000 (former support from the middle of May, acting as the resistance after it was broken previously) intersecting with the 38.2% Fibonacci correction of the earlier downward impulse from the start of June. Given the strongly bearish sterling sentiment…

CADCHF currency pair recently broke through the key support level 0.76500 (which stopped the previous upward wave A at the end of May) intersecting with the 38.2% Fibonacci correction of the earlier ABC correction (B) from the end of May. Given the strongly bullish Swiss Franc sentiment seen across the…

EURCAD currency pair recently broke through the key resistance level 1.35450 (which stopped the previous upward wave (a) at the start of June). The breakout of the resistance level 1.35450 accelerated the active minor ABC correction 2 from the start of this month. Given the strongly bearish CAD sentiment seen…

AUDUSD currency pair recently reversed up from the key support level 0.68600 (which stopped the previous sharp downward impulse wave (1) in the middle of May), intersecting with the lower daily Bollinger Band. The upward reversal from this support stopped the previous downward impulse wave (3) . Given the strength…

EURCHF currency pair recently reversed down with the daily Bearish Engulfing from the key resistance level 1.05150 (which has been reversing the price since the middle of February), intersecting with the upper daily Bollinger Band. The downward reversal from this resistance level started the active impulse wave 3. Given the…