AUDJPY currency pair continues to rise inside the short-term impulse wave (iii), which previously broke the resistance zone located between the key resistance level 83.000 (which stopped the previous correction (ii)), and the 61.8% Fibonacci retracement of the previous ABC correction 2 from the start of January. Given the strongly…

AUDUSD currency pair continues to rise inside the short-term ABC corrective wave 2, which previously broke the resistance zone located between the key resistance level 0.71500 (former support from the start of January), and the 50% Fibonacci retracement of the previous downward impulse wave 1 from the middle of January.…

NZDUSD currency pair continues to rise inside the short-term upward corrective wave 4, which previously broke the resistance area located between the key resistance level 0.66800 (top of the previous correction (a)), 20-day moving average and the 38.2% Fibonacci correction of the previous sharp downward impulse wave 3 from the…

USDJPY currency pair continues to rise inside the short-term upward impulse wave (iii) – which belongs to the impulse wave 3 of the longer term upward impulse sequence (3) from last August. The active impulse wave (iii) started earlier when the pair reversed up from the significant support level 113.50,…

AUDJPY currency pair recently broke the resistance trendline of the daily down channel from the start of January. The breakout of this down channel accelerated the active short-term upward impulse wave 3, which belongs to the long-term upward impulse wave (3) from the start of December. Given the strongly bullish…

GBPCAD currency pair recently reversed down sharply from the resistance area located between the key resistance level 1.73000 (which has been reversing the price from August) and the upper daily Bollinger Band. The downward reversal from this resistance area stopped the previous medium term impulse wave (3) from the end…

EURCAD currency pair recently reversed down from the key resistance level 1.46200 (former monthly high from December), intersecting with upper daily Bollinger Band and the 50% Fibonacci correction of the previous sharp downward impulse from September. The downward reversal from the resistance level 1.46200 stopped the previous short-term ABC correction…

NZDUSD currency pair earlier reversed up from the combined support zone lying between the key support level 0.67000 (which reversed the price twice in the middle of December) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the earlier downward impulse waves 3 and (C)…

EURCHF currency pair continues to fall inside the intermediate impulse wave (5) – which started earlier when the pair reversed down from the key resistance level 1.04800, strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 1.0480 is aligned with the clear multi-year downtrend. Given…

EURUSD currency pair recently reversed down from the resistance zone located between the key resistance level 1.14500, upper daily Bollinger Band, resistance trendline of the daily up channel from November and the 50% Fibonacci correction of the downward impulse from October. The downward reversal from this resistance area created the…