EURAUD previously broke the support area lying between the support level 1.6080 (which as set as the sell target in our earlier forecast for this currency pair) and the 61.8% Fibonacci correction of the previous sharp upward impulse wave (1) from the middle of September. Given the moderate bullish…

USDJPY today reversed down from the resistance area lying between the pivotal resistance level 109.25 (top of the previous impulse wave 1 from October, which has been reversing the price from July) and the upper daily Bollinger Band. Given the moderate bullish Yen sentiment seen today, USDJPY is likely to…

AUDJPY continues to rise inside the sharp short-term impulse wave 3, which previously broke above the key resistance level 74.65 (former monthly high from September) and the 38.2% Fibonacci correction of the previous sharp downward impulse wave (C) from the middle of April. Given the strong bullish sentiment affecting the…

CADJPY recently reversed up from the support area lying between the key support level 82,00 (former monthly high from September) and the 38,2% Fibonacci correction of the previous sharp upward impulse wave (c) from the start of October. Given the strong bearish sentiment affecting the Yen at the moment –…

EURUSD today reversed down from the resistance area lying between the strong resistance level 1.1170 (which has been steadily reversing the price from the end of August) and the 50% Fibonacci correction of the previous sharp downward impulse wave from the end of June. Given the moderate bullish sentiment affecting…

CADCHF recently reversed up from the support area located at the intersection of the key support level 0.7490 (which stopped the previous corrective wave (iv)) and the 38.2% Fibonacci correction of the previous upward impulse wave from the start of August. Given the moderate bearish sentiment affecting the Swiss Franc…

AUDNZD previously reversed down from the resistance area lying between the resistance level 1.080 (previous buy target), 1.0850 (top of the previous impulse wave 1) and the upper daily Bollinger Band. The downward reversal from this resistance area stopped the previous impulse wave (iii). Given strength of the aforementioned resistance…

GBPAUD recently reversed up from the support area lying between the support level 1.8625 (previous sell target) and the 50% Fibonacci correction of the previous upward impulse form the start of October. The upward reversal from this support area stopped the earlier short-term ABC corrective wave Given moderate bullish Sterling…

XAUUSDrecently reversed up from the support area located between the support level 1480.00 (which has been reversing the price from the start of September), lower daily Bollinger Band, upper trendline of the recently broken up channel from 2018 (acting as support after it was broken) and the 50% Fibonacci correction…

USDCAD previously reversed up sharply from the key support area lying between the support level 1.3030 (former multi-month low from July) and the lower daily Bollinger Band. The upward reversal from this support area started the active short-term correction. Given strength of the aforementioned support area and the strengthening Canadian…