EURNZD currency pair recently broke the support area located between the key support level 1.69500 (former resistance from the start of January) and the support trendline of the daily up channel from the middle of November. The breakout of this support area started the active minor impulse wave C of…

Gold recently reversed up from the support zone lying between the key support level 1850.00 (former strong resistance from January) and the 38.2% Fibonacci correction of the previous sharp upward impulse from the end of January. The upward reversal from this support zone stopped the previous short-term impulse wave (iii)…

USDCAD currency pair recently reversed down from the resistance zone lying between the key resistance level 1.27700 (which has been reversing the pair from December), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous sharp downward ABC correction 2 from the middle of December. The downward reversal…

NZDCHF currency pair recently reversed up from the support zone lying between the key support level 0.61000 (which has been reversing the price from the middle of January) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the previous short-term impulse wave 3 from the…

EURJPY currency pair recently reversed up from the support zone lying between the key support level 130.00, lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous sharp upward impulse wave 1 from the end of January. The upward reversal from this support zone stopped the previous short-term…

NZDCAD currency pair recently reversed down from the resistance zone lying between the key resistance level 0.85000 (former support which stopped the previous short-term impulse wave 3) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the previous short-term impulse wave 1 from the end…

GBPCAD currency pair recently reversed down from the resistance zone located between the key resistance level 1.72800 (which has been repeatedly reversing this currency pair from the end of December as can be seen below), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous sharp downward impulse…

EURGBP currency pair recently reversed down from the resistance area located between the key resistance level 0.84500 (former strong support from the middle of December), upper daily Bollinger Band and the 50% Fibonacci correction of the previous sharp downward impulse from the start of December. Given the widespread bearish euro…

EURUSD currency pair recently reversed down from the resistance zone located between the key resistance level 1.14800 (top of the previous correction (a) from the middle of January), upper daily Bollinger Band, 100 day simple moving average and the 61.8% Fibonacci correction of the previous sharp downward impulse from the…

EURJPY currency pair continues to rise inside the short-term impulse wave (c), which belongs to the higher order upward ABC correction 2 from the start of December. EURJPY earlier broke the resistance level 132.100 (top of wave (iii) from the start of this month) – which accelerated the active ABC…