AUDNZD recently fell sharply – after the price reversed down from the pivotal resistance area lying between the resistance level 1.08350 (high of the previous impulse wave 1 from the middle of September) and the upper daily Bollinger Band. The price recently broke support level 1.07070 - which should strengthen…

GBPUSD recently reversed up with the Morning Star from the support area lying between the pivotal support level 1.2770 (low of the previous wave 1 and the former resistance from the middle of June), lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous upward impulse from October.…

EURNZD recently reversed up from the combined support area lying between the key support level 1.73200 (which has been reversing the price from the end of September, as can be seen below), lower daily Bollinger Band and the 50% Fibonacci correction of the previous upward impulse from September. Given the…

USDJPY recently reversed down from the combined resistance area lying at the intersection of the key resistance level 109.25 (which stopped the previous sharp upward waves (iv) and 1, as can be seen below), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous downward impulse from April.…

AUDNZD under bearish pressure after the earlier downward reversal from the resistance area lying between the key resistance level 1.08350 (which stopped the sharp uptrend in the middle of September) and the upper daily Bollinger Band. Given the strength of the aforementioned resistance area and the significant bullish New Zealand…

NZDUSD under bearish pressure after the earlier downward reversal from the resistance zone lying between the strong resistance level 0.64300 (which has been reversing the price from the start of September), upper daily Bollinger Band and the 38.2% Fibonacci correction of the previous sharp downward impulse wave (C) from July.…

GBPNZD recently reversed up twice from the support zone lying between the key round support level 2.00000 (former powerful resistance level which stopped the earlier waves (1) and 1), lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous sharp impulse wave (i). With the moderate bearish New…

  EURUSD recently broke through the support zone lying between the support level 1.1080 (low of the previous impulse wave (i) from the end of October), intersecting with the 38.2% Fibonacci correction of the earlier correction 2 from September. With the moderate bullish sentiment affecting the US dollar at the…

NZDCHF recently reversed up from the key support level 69.00 (former resistance from the start of October, which also stopped the earlier short term correction 2 at the end of last month) – strengthened by the proximity of the lower daily Bollinger Band. Given the moderate bearish sentiment affecting the…

USDCHF continues to rise after the earlier upward reversal from the support area lying between the key support level 0.9850 (which has been repeatedly reversing the price from the start of September), lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous upward ABC correction (2) from August.…