AUDCAD currency pair recently reversed up from the key support zone located between the key support level 0.89700 (previous monthly low from the start of December) and the lower daily Bollinger Band. The upward reversal from this support area stopped the previous short-term impulse wave 1. Given the oversold daily…

USDCHF currency pair recently reversed up from the key support area located between the long-term support level 0.91000 (which has been reversing the pair from the middle of August), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward price move from June. The upward reversal from this…

NZDUSD currency pair reversed earlier from the resistance area located between the key resistance level 0.68500 (former monthly low from September), upper daily Bollinger Band and the 50-day simple moving average. The downward reversal from this resistance area stopped the previous minor correction 2. Given the clear daily downtrend and…

CADCHF currency pair continues to fall inside the minor wave (iv), which started earlier from the resistance area located between the key resistance level 0.73250 (monthly high from December), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous ABC correction (2) from the middle of October. With…

USDJPY currency pair continues to fall inside the minor correction 4, which started earlier from the top of the daily up channel from the end of November. The active correction 4 belongs to the higher-order upward impulse sequence (C) from last August. With the strongly bullish yen sentient seen across…

NZDCHF currency pair recently reversed down from the resistance zone located between the key resistance level 0.62700 (which has been reversing the price from the start of December) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the earlier minor correction (ii). Given the strength…

AUDJPY currency pair recently reversed up from the support zone located between the key support level 82.350 (former resistance from the middle of December), lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous sharp upward impulse wave (1) from the start of last month. The upward reversal…

USDCAD currency pair recently reversed up from the support zone located between the key support level 1.26350 (which has been reversing the price from the end of November), lower daily Bollinger Band and the 50% Fibonacci correction of the previous sharp upward impulse wave (1) from the middle of October.…

CHFJPY currency pair recently broke the support zone located between the key support level 125.250 (previous monthly high from September, which also reversed the pair at the start of this year) and the 38.2% Fibonacci correction of the previous sharp upward impulse from the end of November. The breakout of…

EURGBP currency pair under the strong bearish pressure today after the price broke the key support level 0.83800 (which stopped the previous minor impulse wave (i) in the middle of November). The breakout of the support level 0.83800 accelerated the active short-term impulse wave (iii) - which belongs to the…