EURUSD continues to rise inside the short-term ABC correction (ii) which started recently from the support area lying between the support level 1.0925 (which reversed the price twice in September), lower daily Bollinger Band and the support trendline of the wide daily down channel from January. Given the moderate bullish…

CHFJPY recently broke through the from the resistance area lying between the resistance level 108.10 (former strong support from September which was set as the likely upward target in our earlier forecast for this currency pair) and the 50% Fibonacci retracement of the previous downward correction form last month. Given…

  CADCHF recently reversed up from the support area lying between the key support level 0.7430 (which stopped the previous ABC correction B in September), lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous wave (2) from the start of August. Given the moderate bearish sentiment affecting…

  AUDUSD continues to rise inside the short-term corrective wave (ii) which started recently from the support area lying between the pivotal support level 0.6670 (which has been reversing the price from January) and the lower daily Bollinger Band. The upward reversal from this support area created the daily Japanese…

  GBPNZD continues to fall inside the medium-term impulse wave (3) –which started earlier from the powerful round resistance level 2.000 (which stopped the sharp uptrend in May), strengthened by the upper daily Bollinger Band. The price is currently falling inside the short-term sub impulse 3 of the impulse sequence…

  CHJPY recently reversed up sharply from the support area lying at the intersection of the key support level 106.75 (monthly low from September), lower daily Bollinger Band and the support trendline of the wide daily down channel from the start of July. Given the strong bullish sentiment affecting the…

  NZDJPY recently reversed up from the key support area lying between the pivotal support level 66.80 (which stopped the sharp downtrend in August) and the lower daily Bollinger Band. The upward reversal from this support area stopped the previous medium-term ABC correction (B) from the middle of September. With…

  EURNZD recently reversed down from the resistance area lying between the powerful resistance level 1.7540 (which has been repeatedly reversing the price from the start of August) and the upper daily Bollinger Band. The downward reversal from this resistance area created the daily Japanese candlesticks reversal pattern Evening Star.…

  WTI recently reversed up strongly from the powerful area lying between the pivotal support level 50.75 (which has been repeatedly reversing the price from June), lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous extended upward correction from December of 2018. The upward reversal from this…

  NZDCAD recently reversed up sharply from the powerful area lying between the major multi-year support level 0.8300 (yearly lows from 2015 and 2018) and the lower weekly Bollinger Band. The upward reversal form this support area is likely to form the weekly Japanese candlesticks reversal pattern Morning Star (if…