Silver recently reversed up twice from the support area lying at the intersection of the key support level 17.50 (former powerful resistance from August), sharp upward-sloping support trendline from July and the 38.2% Fibonacci correction of the previous strong upward impulse wave from July. The upward reversal from this…

GBPCAD recently broke the resistance area lying between the key resistance level 1.6570 (which stopped the previous sharp impulse wave 3 in the middle of September), 100-day moving average and the 61.8% Fibonacci correction of the previous shard daily impulse wave 5 from May. The breakout of this resistance area…

NZDCAD under bearish pressure right now – after the earlier breakout of the important support level 0.8370 (which stopped the previous sharp impulse wave 3 at the end of August). The price earlier reversed down from the strong resistance level 0.8500 – which started the active impulse wave 3 of…

USDCHF recently reversed down from the resistance area lying between the key resistance level 0.9980 (which stopped the previous ABC correction 4 at the start of August), upper daily Bollinger Band, 61.8 Fibonacci retracement of the earlier downward impulse wave (1) from April. The downward reversal from this resistance area…

  GBPAUD continues to rise inside the short-term impulse wave 3, which  previously broke through the resistance area lying between the key resistance level 1.8200, 200-day moving average and the resistance trendline of the wide daily down channel from March. The breakout of this resistance area intensified the bullish pressure…

AUDCAD has been falling in the last few sessions inside the short-term corrective wave 2, which previously reversed down from the resistance area lying between the powerful resistance level 0.9100 (former major support which had reversed the price multiple times from October of 2018), upper daily Bollinger Band and the…

Gold recently reversed up from the support area lying between the pivotal support level 1480.00 (which has been reversing the price from the middle of August), lower daily Bollinger Band, 50% Fibonacci retracement of the earlier upward impulse wave 3 from August and the upper trendline of the weekly up…

EURNZD recently reversed up from the support area lying between the key support level 1.7045 (former monthly high from July), lower daily Bollinger Band and the 50% Fibonacci correction of the previous upward impulse from July. The upward reversal from this support area started the active impulse wave (iii). With…

  NZDUSD has been falling in the last few trading sessions inside the short term impulse wave 3, which started earlier from the resistance area lying between the strong resistance level 0.6420 (monthly low from October of 2018), upper daily Bollinger Band and the 38.2% Fibonacci correction of the previous…

  EURAUD recently reversed up from the support area lying at the intersection of the strong support level 1.5900 (monthly low from July), upward-sloping support trendline from April and the lower daily Bollinger Band. The upward reversal from this support area created the strong daily Japanese candlesticks reversal pattern Hammer.…