NZDCAD recently reversed down from the resistance area lying between the key resistance level 0.87200 (which has been reversing the price from the start of August) and the upper daily Bollinger Band. The downward reversal from this resistance area stopped the previous impulse wave B. Given the moderate bearish…

EURAUD recently reversed up from the support area lying between the key support level 1.59800 (which has been reversing the price from the middle of September) and the lower daily Bollinger Band. The upward reversal from this support area stopped the previous short-term ABC correction (ii). Given the strength of…

NZDCHF recently reversed up from the support area lying between the key support level 0.64300 (low of the previous minor correction (iv)) and the 61.8% Fibonacci correction of the previous sharp upward impulse from the start of November. Given the clear bullish sentiment seen affecting New Zealand right now, NZDCHF…

EURAUD recently broke the support area lying between the key support level 1.61000 (which reversed the price earlier in December) and the 61.8% Fibonacci correction of the previous sharp upward impulse from the start of November. This support area is acting as resistance zone after it was broken. Given the…

CADJPY recently reversed down from the resistance area lying between the key resistance level 83.50 (top of the sharp upward impulse wave (A) from the end of October) and the upper daily Bollinger Band. The downward reversal from this resistance zone started the active short-term corrective wave 4. With the…

USDJPY under bearish pressure after the earlier downward reversal from the resistance area lying between the key resistance level 109.50 (which has been reversing the price from July), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous downward impulse from April. The downward reversal from this resistance…

EURCHF today reversed up from the support zone lying between the key support level 1.08700 (low of the previous Morning Star from November, which has been reversing the price from October) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the earlier short-term impulse wave…

WTI continues to rise inside the short-term impulse wave (iii) - which previously broke above the key round resistance level 60.00 (which stopped the earlier impulse wave (i) at the start of December). The breakout of the resistance level 60,00 accelerated the active impulse waves (iii) and 3. The aforementioned…

EURNZD recently reversed up from the support area lying between the key support level 1.68200 (which has been reversing the price from the start of August), lower daily Bollinger Band, support trend line of the daily up channel and the 61.8% Fibonacci correction of the previous upward impulse from March.…

AUDCAD recently reversed up from the support area lying between the key support level 0.89800 (which has been reversing the price from the middle of November) and the lower daily Bollinger Band. Given the rising bullish Australian Dollar sentiment seen across the markets today - AUDCAD is likely to continue…