EURCAD currency pair under bullish pressure after the price reversed up from the key support level 1.37000, intersecting with the lower daily Bollinger Band and the support trendline of the wide daily down channel from last September. The upward reversal from this support level started the active minor ABC correction…

AUDNZD currency pair under the bullish pressure after the price broke above the key resistance level 1.07900 (which has been reversing the price from the middle of February). The breakout of the resistance level 1.0790 accelerated the active impulse waves (v), C - which belong to the higher order ABC…

GBPCAD currency pair under the bearish pressure after the price broke below the support level 1.65200 (low of the previous minor impulse wave (i) from the start of March). The breakout of the support level 1.65200 accelerated the active impulse waves (iii), 3 and (3). Given the rising bearish sterling…

AUDUSD currency pair under the bullish pressure after the pair broke pivotal resistance level 0.74500 (former top of wave (i) from the start of March). The breakout of the resistance level accelerated the active impulse waves C and (iii) of wave (2) from the end of January. Given the strongly…

AUDCHF currency pair under the bullish pressure after the pair broke above the  key resistance level 0.69270 (former multi-month high from October). and the 38.2% Fibonacci correction of the upward impulse from the start of this month . The breakout of the resistance level accelerated the active impulse waves 3…

EURGBP currency pair under the bearish pressure after the pair broke the support zone lying between the key support level 0.83600 (low of the previous wave (b)) and the 38.2% Fibonacci correction of the upward impulse from the start of this month . The breakout of the support zone  accelerated…

GBPJPY currency pair under the strong bullish pressure after the earlier breakout of the key resistance level 150.000 (which has been repeatedly reversing the price from last October) . The breakout of the resistance level 150.000 accelerated the active impulse waves 3 and (C). Given the continuation of the strong…

CHFJPY currency pair under the bullish pressure after the earlier breakout of the key resistance level 127.000 (top of wave (3) from the start of January) . The breakout of the resistance level 127.000 accelerated the active impulse waves (iii) and (5). Given the strong daily uprend, strong yen outflows…

CADJPY currency pair continues to rise after the earlier breakout of the resistance zone located between the key resistance level 92.850 (previous multi-month high from last October) and the resistance trendline of the daily up channel from December. The breakout of this resistance zone  accelerated the active impulse waves (iii)…

EURUSD currency pair recently reversed down from the resistance zone set between the key resistance level 1.11000 (former monthly low from January), 20-day moving average, and the 50% Fibonacci correction of the downward impulse (i) from February. The price is currently forming the daily candlesticks reversal pattern Bearish Engulfing. Given…