USDCHF currency pair under the bearish pressure after the price reversed down from the resistance zone lying between the resistance support level 0.92900 (which has been reversing the price from the start of February) and the upper daily Bollinger Band . The downward reversal from this resistance zone stopped the…

EURCAD currency pair under the bearish pressure after the price broke through the support zone lying between the key support level 1.38750 and the support trendline of the wide daily down channel from last October. The breakout of this support zone accelerated the active impulse waves 3 and (3). Given…

GBPCHF currency pair under the bullish pressure after the price reversed up from the support zone lying between the key support level 1.21200 and the lower daily Bollinger Band . The upward reversal from this support zone stopped the previous impulse waves 5 and (3). Given the strength of the…

EURUSD currency pair under the strong bearish pressure after the price broke the support zone lying between the support levels 1.12000 and 1.11000. The breakout of this support zone accelerated the active impulse waves 3 and (3). Given the overriding daily downtrend, EURUSD currency pair can be expected to fall…

EURCHF currency pair falling inside the accelerated downward impulse wave 3, which recently broke the support trendline of the wide daily down channel from October. The breakout of this level down channel was preceded by the breakout of the key support level 1.03000 (which has been reversing the price from…

CHFJPY currency pair recently broke above the key resistance level 125.400 (which has been reversing the price from the start of January). The breakout of the resistance level 125.40 accelerated the active impulse waves 3 and (5). Given the strength of the active daily uptrend and the continuation of the…

CADCHF currency pair recently reversed down from the resistance area located between the key resistance level 0.73000 (which has been reversing the price from the start of February), upper daily Bollinger Band and the 50% Fibonacci correction of the previous sharp downward impulse wave 1 from last October. Given the…

USDCAD currency pair recently reversed down from the resistance zone located between the key resistance level 1.28000 (which has been repeatedly reversing the price from the start of January), upper daily Bollinger Band and the 61.8% Fibonacci correction of the earlier downward impulse wave (1). Given the strongly bearish US…

GBPJPY currency pair recently reversed up from the support area located between the key support level 153.000 (previous monthly low from January), lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous sharp upward impulse from the start of December. Given the strongly bullish sterling sentiment seen today,…

GBPAUD currency pair under the bearish pressure after the earlier breakout of the key support level 1.87750 (which has been repeatedly reversing the price from the start of January). The upward reversal from this support zone created the daily reversal pattern Morning Star. Given the rising bullish Australian dollar sentiment…