GBPCAD recently reversed up with the daily candlesticks reversal pattern Bullish Engulfing from the support area located between the support level 1.69000 (monthly low from November), lower daily Bollinger Band and the 50% Fibonacci correction of the previous sharp upward impulse wave (1) from November. Given the clear daily uptrend…

EURCAD recently reversed up with the daily candlesticks reversal pattern Doji from the support area located between the support level 1.4455 (which has been reversing the price from October) and the lower daily Bollinger Band. The upward reversal from this support area stopped the previous impulse wave (3). Given the…

GBPJPY recently reversed down with the daily candlesticks reversal pattern Bearish Engulfing from the resistance area located between the resistance level 144.300 (former resistance from resistance), upper daily Bollinger Band and the 50% Fibonacci retracement of the previous sharp downward impulse from last month. The downward reversal from this resistance…

  USDCHF recently reversed up with the weekly candlesticks reversal pattern Hammer from the support area located between the key support level 0.96000 (which stopped the previous sharp downward correction 2 in the middle of 2018) and the lower weekly Bollinger Band. Given the moderate bullish USA dollar sentiment at…

USDCAD recently reversed down from the resistance area located between the key resistance level 1.31000 (former strong support from December) and the 61.8% Fibonacci correction of the previous downward impulse from last month. The downward reversal from this area stopped the previous short term correction (iv). Given the strong daily…

GBPUSD recently reversed up with Japanese candlesticks reversal pattern Piercing Line from the support area located between the pivotal support level 1.29700 (former strong resistance from October and November) and the 38.2% Fibonacci correction of the previous sharp upward impulse (C) from October. The upward reversal from this support area…

WTI recently reversed up with two consecutive Japanese candlesticks reversal patterns Doji from the support area lying between the key support level 57.700 (which also reversed the price in December), lower daily Bollinger Band and the 50% Fibonacci correction of the previous sharp upward impulse from October. The upward reversal…

USDCHF under bearish pressure after the earlier breakout of the key support level 0.9660 (which stopped the sharp downtrend in last August and also the strong downward impulse wave at the end of December). The breakout of this support level accelerated the active impulse waves 3 and (C). The aforementioned…

NZDCAD recently reversed up from the support zone located between the key support level 0.86100 (which has been reversing the price from the start of December), lower daily Bollinger Band the 38.2% Fibonacci correction of the previous upward impulse from the start of November. The upward reversal from this support…

EURNZD recently reversed down from the resistance zone located between the resistance level 1.68550 (former strong support from the December), upper daily Bollinger Band the 61.8% Fibonacci correction of the previous downward impulse from the start of December. The downward reversal from this resistance zone created the daily reversal pattern…