EURJPY currency pair today reversed down from the key resistance level 129.500 (which has been reversing the price from end of November, as can be seen from the daily EURJPY chart below) – intersecting with the upper daily Bollinger Band and standing near the 38.2% Fibonacci correction of the downward…

GBPNZD currency pair today reversed down from the pivotal resistance level1.9685 (which has been reversing the price from August, as can be seen from the daily GBPNZD chart below) – intersecting with the upper daily Bollinger Band. The downward reversal from the resistance level 1.96850 stopped the previous short-term correction…

USDCAD currency pair recently broke above the key resistance level 1.28550 (which stopped the previous sharp upward impulse wave (1) at the start of December, as can be seen from the daily USDCHF chart below). The breakout of the resistance level 1.28550 accelerated the active intermediate impulse wave (3). Given…

NZDCHF currency pair recently reversed from the resistance area located between the resistance level 0.62900 (which has been reversing the pair from July, as can be seen below) and the 38.2% Fibonacci correction of the downward impulse from the end of last month. The downward reversal from this resistance area…

NZDUSD currency pair recently reversed up from the support area located between the key support level 0.67500 (previous low of the impulse wave 3 which was stopped at the start of this month) and the lower daily Bollinger Band. The upward reversal from this support area stopped the previous minor…

EURAUD currency pair recently reversed up from the support area located between the pivotal support level 1.57500 (previous top of the impulse wave (1)), 20-day moving average and the 50% Fibonacci retracement of the previous upward impulse from the end of October. The upward reversal from this support area started…

USDCAD currency pair recently reversed up from the support zone lying between the key support level 1.2640 (previous wave 4 from the end of November), 20-day moving average and the 38.2% Fibonacci retracement of the previous upward impulse wave (1) from the middle of October. The upward reversal from this…

CADCHF currency pair recently reversed down from the resistance zone lying at between the pivotal resistance level 0.73100 (former support which stopped the previous waves 4 and (4) in October and November), 20-day moving average and the 50% Fibonacci retracement of the previous downward ABC correction (2) from the middle…

EURCHF currency pair today reversed down from the resistance zone lying at the intersection of the pivotal resistance level 1.04500 (which reversed the price at the end of November) and the 20-day moving average. The downward reversal from this resistance area stopped the previous short term corrective wave 4. Given…

GBPCAD currency pair today reversed up from the support zone set at the intersection of the long-term support level 1.67000 (which reversed the price sharply in 2020) and the lower weekly Bollinger Band. The upward reversal from this support area stopped the previous multiple weekly downward impulse waves iii, (iii)…