• GBPJPY falling inside minor impulse wave 5 • Further losses likely toward 126.50 GBPJPY has been falling in the last few weeks inside the weekly minor impulse wave 5, which started previously from the key resistance level 130.45 (former multi-month support which stopped the sharp downward impulse wave (1)…

•GBPAUD broke daily up channel • Further losses likely toward 1.7700 GBPAUD under pressure following the earlier breakout of the support trendline of the daily up channel from the end of July – which has enclosed the previous impulse waves (1) and 1. The breakout of this up channel accelerated…

• EURNZD reversed from resistance area • Further losses likely toward 1.7340 EURNZD recently reversed down with the daily Japanese candlesticks reversal pattern Bearish Engulfing from the combined resistance area lying at the intersection of the following resistance levels - 1.7560 (which has been reversing the price from October of…

• EURAUD reversed from multi-year resistance zone • Further losses likely toward 1.6290 EURAUD under pressure following the earlier downward reversal from the powerful multi-year resistance zone located between the resistance levels 1.6590 (yearly high from 2015) and 1.6670 (multi-month high from January of this year) and the upper weekly…

• EURSUD broke support level 1.1050 • Further losses likely toward 1.1025 and 1.1000 EURSUD is today under bearish pressure– following the earlier breakout of the support level 1.1050 (which stopped the previous impulse wave 1 in the middle of August). The breakout of the support level 1.1050 is the…

•EURCHF under bullish pressure • Further gains likely toward 1.1000 EURCHF has been under bullish pressure in the last few trading sessions – following the earlier upward reversal from the support area located between the key, long-term support level 1.0845 (which reversed the price numerous times in the middle of…

• USDCHF broke resistance area • Further gains likely toward 0.9950 USDCHF under bullish pressure after the earlier breakout of resistance area lying between the resistance level 0.9875 (which stopped the previous sharp impulse wave (1) earlier this month) and the 61.8%s Fibonacci retracement of the previous medium-term downward impulse…

• Gold rising inside impulse sequence (5) • Further gains likely toward 1600.00 Gold has been rising steadily in the last few trading weeks inside the medium-term upward impulse sequence (5) from June. This impulse sequence belongs to the larger, multi-month impulse wave Ⓒ from the middle of 2018. The…

• EURGBP reversed from the support zone • Further gains likely toward 0.9180 EURGBP recently reversed up from the combined support zone lying at the intersection of multiple support levels – support trendline from May, lower daily Bollinger Band, 61.8% Fibonacci correction of the previous upward impulse from the end…

• USDJPY reversed from the support zone • Further gains likely toward 106.80 USDJPY has been under bullish pressure in the last few trading sessions - following the earlier upward reversal from the powerful support area lying between the long-term support level 104.60 (which has been reversing the price from…