EURAUD currency pair continues to rise after the price broke through the resistance area located between the key resistance level 1.56200 (former multi-month support from the start of July) and the 38.2% Fibonacci correction of the downward price impulse from the middle of September, as can be seen below. The…

GBPCAD currency pair continues to fall after breaking through the combined support zone lying between the key support level 1.68650 (monthly low from May) and the support level 1.67750 (monthly low from December). The breakout of this support zone accelerated the active impulse waves (iii) and C. Given the clear…

USDCHF currency pair recently reversed up from the key support level 0.91000 (which has been reversing the price from August) – strengthened by the lower daily Bollinger band and the support trendline of the daily down channel from October. Given the recent breakout of the aforementioned down channel, rising USD…

EURGBP currency pair today reversed down from the resistance zone lying between the pivotal resistance level 1.82000 (which has been reversing the price from the start of September) and the upper daily Bollinger Band . The downward reversal from this resistance zone stopped the previous short term ABC correction (ii)…

GBPAUD currency pair recently reversed up from the combined support zone lying between the support level 1.82000 (which has been reversing the price from the start of April) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the previous extended ABC correction (2) from the…

EURAUD currency pair under the bullish pressure after the price reversed up from the long-term support level 1.53630 (which is the upper boundary of the strong support zone, which has been reversing the price from the end of February) – strengthened by the lower daily Bollinger Band. The upward reversal…

AUDJPY currency pair under the bearish pressure after the price reversed down from the multi-month resistance level 85.850 (which has been reversing the price from the start of May). The downward reversal from this resistance level started the active short-term impulse wave (c), which belong to the ABC correction 4…

CHFJPY currency pair under the strong bullish pressure after the price broke the strong resistance level 124.500 (which stopped the previous intermediate impulse wave (3) in the middle of last month). The breakout of the resistance level 124.500 accelerated the active medium-term impulse wave (5). Given the clear multi-month uptrend…

AUDJPY recently reversed up from the support zone lying at the intersection of the powerful support level 84.800 (former resistance from June) and the 50% Fibonacci correction of the previous upward impulse from the middle of September. The upward reversal from this support zone started the active short-term impulse wave…

EURCAD currency pair recently reversed up from the strong support level 1.43300 (which has been repeatedly reversing the price from the start of October, as can be seen below), standing close to the lower daily Bollinger Band. The upward reversal from the support level 1.43300 is currently forming the daily…