GBPUSD recently reversed up once again from the support zone lying between the support level 1.22800 (which has been steadily reversing the price from the middle of April) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the earlier short-term impulse wave 3 from the…

USDCHF recently reversed down from the resistance zone lying between the resistance level 0.978500 (which stopped the previous upward corrections A and (2) in April) and the upper daily Bollinger Band. The downward reversal from this resistance zone started the active short-term impulse wave 3. With the moderately bearish US…

NZDUSD under bearish pressure after the earlier downward reversal from the resistance zone lying between the resistance level 0.61700 (top of the daily Evening star from the end of April), upper daily Bollinger Band and the 61.8% Fibonacci retracement level of the previous sharp downward impulse from January. With the…

EURJPY recently reversed up from the strong support zone lying between the long-term support level 114.800 (yearly low from 2017) and the lower weekly Bollinger Band. The upward reversal from this support zone created the daily candlestick reversal pattern Piercing Line. With the strongly bearish yen sentiment seen across the…

CADJPY recently reversed up sharply from the support zone lying between the key support level 75.000 (monthly low from April), lower daily Bollinger Band and the 61.8% Fibonacci retracement of the previous upward correction (a) from the middle of March. This upward reversal created the daily candlestick reversal pattern Bullish…

GBPNZD under bearish pressure after the earlier breakout of the support zone lying between the key support level 2.03100 (low of the previous Bullish Engulfing) and the support trend line of the wide weekly up channel from the end of 2018 (which is the strong sell signal for this currency…

GBPUSD recently reversed up from the support level 1.22550 (low of the previous impulse wave 1), lower daily Bollinger Band standing near the 38.2% Fibonacci retracement of the previous sharp ABC correction (2) from the middle of March. With the strengthening bullish US dollar sentiment – GBPUSD is likely to…

WTI recently broke above the resistance level 25.00 standing near the 38.2% Fibonacci retracement of the previous sharp downward impulse from the start of March. The breakout of the resistance level 25.00 should accelerate the active short-term corrective wave 4 from the middle of April. WTI is likely to rise…

AUDJPY recently reversed up from the support area lying between the pivotal support level 67.600 (which previously reversed the price in April and March), lower daily Bollinger Band and the 38.2% Fibonacci retracement of the previous upward impulse C from the start of April. With the rising bullish Australian dollar…

GBPAUD recently reversed down from the resistance area lying between the key resistance level 1.95000 (former strong support from April and March) and the 38.2% Fibonacci retracement of the previous downward impulse wave C from the start of April. The downward reversal from this resistance area stopped the previous wave…