GBPCAD currency pair continues to fall after the price reversed down from the resistance zone lying between the key resistance level 1.70500 (former strong support, which has been reversing the pair from the start of May , as can be seen from the daily GBPCAD chart below) and the 38.2%…

EURNZD currency pair continues to rise after the price reversed up from the support zone lying between the key support level 1.61000 (which has been reversing the price from the end of October, as can be seen from the daily EURNZD below) and the lower daily Bollinger band. The upward…

WTI crude oil continues to rise after the price reversed up from the support zone lying between the key support level 74.850 (which has been reversing the price from the start of July, as can be seen from the daily WTI chart below), lower daily Bollinger band and the 38.2%…

CADCHF currency pair continues to rise after the price reversed up from the support zone lying between the pivotal support level 0.73200 (which has been reversing the price from the start of September, as can be seen from the daily CADCHF chart below), lower daily Bollinger band and the 38.2%…

EURJPY currency pair recently reversed up strongly from the support zone lying between the pivotal support level 128.000 (which has been reversing the price from the start of March, as can be seen from the daily EURJPY chart below), lower daily Bollinger band and the 61.8% Fibonacci correction of the…

EURCHF currency pair under the strong bearish pressure today after the price broke through the powerful long-term support level 1.05000 (which stopped the earlier multi-month downtrend in 2020, as can be seen from the weekly EURCHF chart below). The breakout of this support level 1.05000 accelerated the active intermediate impulse…

USDJPY currency pair continues to fall after recently reversing down from the resistance zone lying between the pivotal resistance level 114.650 and the upper daily Bollinger Band. The downward reversal from this resistance zone created the second consecutive daily candlesticks reversal pattern Bearish Engulfing. Given the strength of the aforementioned…

NZDCAD currency pair recently reversed up from the support zone lying between the pivotal support level 0.87900, lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from the start of October. The upward reversal from this support zone created the daily candlesticks reversal pattern Bullish Engulfing…

EURCAD currency pair recently reversed up from the support zone lying between the multi-month support level 1.42540 (which stopped the sharp weekly downtrend at the start of 2020 as can be seen from the weekly EURCAD chart below), strengthened by the lower weekly Bollinger Band. The upward reversal from this…

Gold recently reversed up from the support zone lying between the support level 1850.00 (low of the previous daily Hammer from the middle of November, strengthened by the 38.2% Fibonacci correction of the upward impulse from the start of this month. The upward reversal from this support zone continues the…