WTI previously broke through the key resistance area lying between the strong resistance level 60.40 (monthly high from June and July) and the 61.8% Fibonacci correction of the previous downward impulse from the end of April. The breakout of this resistance area continues the active impulse wave C of…

NZDCAD recently reversed up from the powerful support area lying between the long-term support level 0.8360 (which has been steadily reversing the pair from the middle of 2015) and the lower weekly Bollinger Band. The upward reversal from this support area stopped the previous extended downward ABC correction (2) from…

AUDJPY has been under bullish pressure in the last few trading sessions following the earlier upward reversal from the strong support area lying between the long-term support level 69.60 (low of the previous long-legged weekly Hammer from January) and the lower Bollinger Band. The upward reversal from this support area…

Gold recently reversed up from the support area lying between the support level 1500.00 (which was set as the likely downward target in our previous forecast for this instrument), lower Bollinger Band, upper trendline of the weekly up channel from 2016 and the 38.2% Fibonacci correction of the previous upward…

• GBPJPY rising inside short-term impulse wave (c) • Further gains likely toward 135.40 GBPJPY has been rising in the last few trading sessions inside the short-term impulse wave (c) which previously broke through the key resistance area lying between the resistance level 130.70 (which stopped the previous sharp upward…

• WTI reversed from resistance level 58.70 • Possible downward correction to 57.00 WTI recently reversed down from resistance area lying between the resistance level 58.70 (top of the earlier correction from July), resistance trendline from May, upper daily Bollinger Band and 50% Fibonacci correction of the previous downward impulse…

  • EURCAD reversed from major support level 1.4500 • Further gains likely toward 1.4700 EURCAD rising steadily from today's open – following the earlier sharp upward reversal from the powerful support area lying between the multi-year support level 1.4500 (which reversed the price multiple times in the middle of…

• EURGBP reversed from support area • Further gains likely toward 0.9010 EURGBP yesterday reversed up from the support area lying at the intersection of the key support level 0.8900 (former monthly bottom from July, which stopped the previous medium-term ABC correction (4)), lower daily Bollinger Band and 50% Fibonacci…

  • Silver reversed from resistance area • Further gains losses toward 17.70 Silver recently reversed down sharply from the resistance area located between the resistance level 18.50 (former yearly high from 2017 and the upward target set in our previous forecast for this instrument), upper weekly Bollinger Band and…

• AUDCHF broke resistance area • Further gains likely toward 0.6850 AUDCHF under pressure after the recent breakout of the resistance area located between the resistance level 0.6750 (former strong support from the end of June), resistance trendline from April and the 50% Fibonacci correction of the previous sharp downward…