EURGBP currency pair recently reversed down from the resistance area located between the powerful resistance level 0.84550 (which has been reversing the pair from December), upper daily Bollinger Band, and the 61.8% Fibonacci correction of the downward impulse 3 from December. The price is currently forming the daily Bearish Engulfing.…

USDCHF currency pair recently reversed down from the resistance area located between the key resistance level 0.94600 (previous yearly high from 2021), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downtrend from March. The downward reversal from this resistance area stopped the earlier impulse waves C and…

AUDCHF currency pair recently reversed up from the support area located between the key support level 0.67500 (which has been revrsign the price from the start of this month), upper trendline of the recently broken up channel from December and the 38.2% Fibonacci correction of the upward impulse from February.…

EURCHF currency pair under the bullish pressure after the pair broke the resistance area located between the strong resistance level 1.03150 and the 50% Fibonacci correction of the downward impulse 3 from the start of February. The breakout of this resistance area accelerated the active impulse wave c of the…

EURGBP currency pair recently reversed down from the resistance area located between the strong resistance level 0.84500 (former strong support from December), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from December. The downward reversal from the resistance area is likely to form the daily…

GBPCHF currency pair recently reversed up from the support area located between the key support level 1.21300 (which has been reversing the price from the start of December) and the lower daily Bollinger Band. The upward reversal from the support area started the active ABC correction (4). Given the strongly…

AUDUSD currency pair under the bearish pressure after the earlier downward reversal from the key resistance level 0.73660 (which has been reversing the price from the start of March), intersecting with the resistance trendline of the daily up channel from January. The downward reversal from this resistance zone created the…

CADJPY currency pair recently reversed up from the support zone lying between the key support level 89.600 (which has been repeatedly reversing the price from the middle of January), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from November. The upward reversal from this support…

CHFJPY currency pair under the bullish pressure after the price reversed up from the support zone lying between the support level 124.000 (which has been reversing the price from the start of Janaury), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from November. The upward…

Gold under the strong bullish pressure after the price broke the resistance zone lying between the round resistance level 2000.00 and the resistance trendline of the daily up channel from the start of February. The breakout of this resistance zone accelerated the active impulse waves 3 and (3). Given the…