AUDCHF currency pair recently reversed down from the resistance area located at the intersection of the resistance level 0.70600 (which has been reversing the pair from the end of March) and the upper daily Bollinger Band. The downward reversal from this resistance area stopped the previous impulse wave 3. Given…

USDJPY currency pair recently reversed up from the support zone lying at the intersection of the support level 120.750 (former resistance level from April, acting as the support after it was broken by the previous upward impulse wave), 38.2% Fibonacci correction of the upward impulse from the start of April…

CHFJPY currency pair recently reversed up from the support area located between the key support level 132.000 (which has been reversing the pair from the start of April), the lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from the start of March. Given the strong…

GBPAUD currency pair recently reversed down from the resistance area located between the key resistance level 1.77500 (former strong support from the start of March), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse (v) from the start of March. Given the strong daily downtrend and…

CADJPY currency pair continues to rise after the pair reversed up from the support zone located between the key support level 99.00 (former resistance from the end of March and the start of April), 20-day moving average and the 61.8% Fibonacci correction of the upward impulse (v) from the end…

AUDNZD currency pair continues to rise after the pair broke the resistance zone located between the pivotal resistance level 1.10000 (which stopped the previous impulse wave 1 with the daily Hammer earlier this month) and the resistance trendline of the daily up channel from the middle of November. Given the…

EURAUD currency continues to fall after the pair reversed down from the resistance zone located between the key resistance level 1.49500 (which stopped the previous waves 4 and (A)), upper daily Bollinger Band and the 61.8% Fibonacci retracement of the sharp downward impulse from the start of March. Given the…

GBPJPY currency continues to rise inside the minor impulse wave 5, which started earlier from the support zone located between the key support level 159.500 (which stopped the previous downward correction in March), lower daily Bollinger Band and the 50% Fibonacci retracement of the sharp upward impulse from March. Given…

NZDUSD currency pair is under the bearish pressure after the recent breakout of the key multi-month support level 0.65350 (which stopped the previous downtrend at the end of January). The breakout of this support level 0.6535 accelerated the active medium-term downward impulse wave (3). Given the continued bullish US dollar…

USDCAD currency pair recently reversed down from the resistance area located between the key resistance level 1.28700 (which has been steadily reversing the price from the end of February) and the upper daily Bollinger Band. The downward reversal from this resistance area started the active short-term impulse wave 3. Given…