CHFJPY currency pair recently broke above the key resistance level 123.700 (former support from November, which has been reversing the price from the start of December, as can be seen from the daily CHFJPY chart below). The breakout of the resistance level 123.700 accelerated the C-wave of the ABC correction…

GBPJPY currency pair recently reversed up from the pivotal support level 149.000 (which has been steadily reversing the price from the end of March, as can be seen from the daily GBPJPY chart below) – strengthened by the lower daily Bollinger Band. The upward reversal from the support level 149.000…

GBPCHF currency pair recently reversed up from the powerful support level 1.21450 (former resistance from January, which has been reversing the price from the start of December, as can be seen from the daily GBPCHF chart below) – strengthened by the lower daily Bollinger Band. The upward reversal from the…

GBPUSD currency pair recently reversed up from the pivotal support level 1.31000 (which has been steadily reversing the price from the end of November) – strengthened by the lower daily Bollinger Band. The upward reversal from the support level 1.3190 stopped the earlier short-term impulse wave (v). Given the strength…

CADCHF currency pair recently reversed up sharply from the key support level 0.71000 (previous multi-month low form August) – strengthened by the lower daily Bollinger Band. The upward reversal from the support level 0.71000 stopped the earlier medium-term corrective wave (2) from the middle of October. Given the rising bullish…

EURNZD currency pair recently broke through the key resistance level 1.67600 (which has been steadily reversing the pair from the start of October, as can be seen from the daily EURNZD chart below). The breakout of the resistance level 1.67600 accelerated the active medium-term corrective wave (2) from the middle…

EURJPY currency pair recently reversed up from the support zone located at the intersection of the key support level 127.560 (which has been reversing the pair from the end of November) and the lower daily Bollinger Band. The upward reversal from this support area stopped the earlier medium-term corrective wave…

GBPUSD currency pair recently reversed down from the resistance zone located at the intersection of the key resistance level 1.3370 (previous strong support from the start of November), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse (iii) from last month. The downward reversal from this…

NZDUSD currency pair under the bearish pressure today after the price reversed down from the resistance area located at the intersection of the key resistance level 0.68200 (previous multi-month support from August) and the 20-day moving average. The downward reversal from this resistance area started the active short-term downward impulse…

USDCAD currency pair under the strong bearish pressure today after the pair reversed down from the powerful resistance area located between the key resistance level 1.29500 (previous multi-month high from August) and the upper daily Bollinger Band. The downward reversal from the resistance level 1.29500 formed the daily Japanese candlesticks…