CHFJPY currency pair continues to rise after the pair broke through the major resistance level 122.70 (which stopped the sharp multi-month uptrend in the middle of July as can be seen from the daily CHFJPY chart below). The breakout of the resistance level 122.70 accelerated the active intermediate impulse wave…

NZDCAD currency pair continues to rise after the pair earlier reversed up from the combined support area located between the key support level 0.86100 (which stopped the sharp downtrend in September) and the lower daily Bollinger Bad. The upward reversal from this support area stopped the earlier primary extended ABC…

  WTI crude oil reversed down from the combined resistance area lying between the round resistance level 80.00, resistance trendline of the daily up channel from September and the upper daily Bollinger Bad. The downward reversal from this resistance area stopped the earlier impulse waves (iii) and (v). Given the…

CADJPY currency pair today reversed down form the major resistance area lying between the long-term resistance level 91.150 (previous monthly high from June, as can be seen from the daily CADJPY chart below) and the upper daily Bollinger Bad. The downed reversal from this resistance area stopped the earlier impulse…

GBPCAD currency pair continues to fall strongly after it broke through the key support level 1.70000 (previous monthly low from July, as can be seen from the daily GBPCAD chart below). The breakout of this support level accelerated the active waves (ii) and (c). Given the powerful bearish sterling sentiment…

AUDJPY currency pair continues to rises strongly after it broke through the resistance zone lying between the major resistance level 82.000 (previous monthly high from September, as can be seen from the daily AUDJPY chart below) and the 50% Fibonacci correction of the downward correction from May. The breakout of…

AUDCAD currency pair recently reversed up from the support zone lying between the major support level 0.91000 (which stopped the previous extended downtrend in August, as can be seen from the daily AUDCAD chart below) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the…

USDCAD currency pair recently broke through the support zone lying between the support level 1.25000 (which has seen reversing the price from, the start of August, as can be seen from the daily USDCAD chart below) and the 38.2% Fibonacci correction of the upward impulse from June. The breakout of…

CHFJPY currency pair recently broke through the resistance zone lying between the key resistance level 120.350 (which reversed the price multiple times in August, as can be seen from the daily CHFJPY chart below) and the resistance trendline of the daily down channel from July. The breakout of this resistance…

EURAUD currency pair recently broke through the support zone lying between the major support level 1.59000 (which has been reversing the pair from the end of July, as can be seen from the daily EURAUD chart below) and the 50% Fibonacci correction of the previous sharp upward impulse from May.…