GBPCAD under bearish pressure today after the earlier downward reversal from the resistance area lying between the resistance level 1.6700 (which also reversed the price sharply in October and December), upper daily Bollinger Band, 100-day moving average and the 38.2% Fibonacci correction of the previous downward impulse from May.…

AUDJPY recently reversed up from the support area lying at the intersection of the support level 72.50 (former strong resonance from August, acting as support after it was broken earlier this month), 50% Fibonacci correction of the earlier upward correction 2 from the end of August and the down trendline…

EURCHF recently reversed up from the support area lying between the support level 1.0830 (which has been repeatedly reversing the price from the middle of August) and the lower daily Bollinger Band. The last upward reversal from the support level 1.0830 created the weekly Japanese candlesticks reversal pattern Morning Star.…

  NZDCAD recently reversed up from the support area lying between the support level 0.8310 (which was set as the likely downward target in our earlier forecast for this currency pair), lower daily Bollinger Band and the support trendline of the daily down channel from March. With the strengthening bullish…

  EURNZD recently broke below the support level 1.7400, which was set as the likely downward target in our earlier forecast for this currency pair. The breakout of the support level 1.7400 coincided with the breakout of the 38.2% Fibonacci correction of the previous sharp upward impulse wave (i) from…

WTI continue to fall inside the medium-term impulse wave (3) which started earlier from the resistance area located between the key resistance level 60.00 (former monthly high from July), upper daily Bollinger Band, resistance trendline of the daily up channel from August and the 61.8% Fibonacci correction of the previous…

GBPUSD recently reversed down from the resistance area located between the pivotal resistance level 1.2530 (former support from June), upper daily Bollinger Band and the 38.2% Fibonacci correction of the previous downward impulse from March. The downward reversal from this resistance area started the active short-term correction B – which…

  NZDCHF recently reversed up from the support area located between the support level 0.6200 (which reversed numerous downward waves in August) and the lower daily Bollinger Band. The upward reversal from this support area stopped the earlier short-term impulse wave 3 – which belongs to wave (C) from July.…

EURNZD recently reversed down from the resistance area lying between the key resistance level 1.7580 (which reversed the price multiple times 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 Bearish Engulfing. The aforementioned…

  GBPNZD recently reversed down from the resistance area lying between the powerful, multi-month resistance level 2.0000 (which also stopped the sharp uptrend at the start of May) and the upper daily Bollinger Band. The downward reversal from this resistance area created the daily Japanese candlesticks reversal pattern Shooting Star…