CHFJPY recently reversed down from the resistance area lying between the strong resistance level 110.75 (which has stopped the previous sharp upward correction B in July) and the upper daily Bollinger Band. Given the overbought reading on the daily Stochastic indicator and the moderate bearish Yen sentiment seen  across the…

CADCHF under bullish pressure after the earlier upward reversal from the support area lying between the keysupport level 0.74400 (which has been reversing the pair from the middle of September), lower daily Bollinger Band and the 50% Fibonacci correction level of the previous upward impulse wave (1) from August.  Given…

EURAUD under bearish pressure after the earlier downward reversal from the resistance area lying between the key resistance level 1.63000 (which has been reversing the pair from the end of October), upper daily Bollinger Band and the 50% Fibonacci correction level of the previous wave (B) from August. Given the…

AUDCHF recently reversed up from the support area lying between the key support level 0.67000 (which has been reversing the price from October), lower daily Bollinger Band and the 50% Fibonacci correction level of the previous ABC correction (4). Given the strength of the aforementioned support area and the rising…

EURCHF continues to fall inside the short-term impulse wave 3 – which belongs to the intermediate impulse wave (3) from the middle of October. The price just broke the pivotal support level 1.09250 (low of the previous minor correction) - which should accelerate the active impulse waves (3) and 3.…

GBPAUD continues to rise inside the impulse wave (iii) of the intermediate impulse wave C from the start of November. The price earlier broke above the key resistance level 1.91100 (which has been reversing the price from October) - which strengthened the bullish reassure on this currency pair. Given the…

EURJPY continues to fall inside the C-wave of the intermediate ABC correction (B) from the middle of October. The price earlier broke the support trendline of the daily up channel from the November - which strengthened the bearish reassure on this currency pair. Given the strength of the daily downtrend…

CADJPY recently reversed down from with the Evening Star from the resistance area lying between the key resistance level 82.65 (which stopped the previous impulse wave (i)), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous ABC correction 2. Given the strengthening bearish sentiment affecting the Canadian…

NZDUSD today broke through the combined resistance area lying between the resistance level 0.65500, resistance trendline of the daily up channel from October and the 61,8% Fibonacci correction of the previous the sharp downward impulse from July. Given the strengthening bullish sentiment affecting the New Zealand dollar - NZDUSD is…

  GBPUSD recently reversed down from the resistance area lying between the key resistance level 1.31650 (which has been reversing the price from April) and the upper daily Bollinger Band. Given the overbought daily Stochastic, the proximity of the aforementioned resistance zone and the moderate Sterling sentiment seen across the…