AUDUSD currency pair recently reversed down from the resistance zone located between the pivotal resistance level 0.74500 (former support from the start of July) , upper daily Bollinger Band and the 50% Fibonacci correction of the extended downward impulse from June. The downward reversal from this resistance zone stopped the…

EURNZD currency pair recently reversed up from the support zone located between the multi-month support level 1.66160 (which has been reversing the price from the start of May) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the previous short-term impulse wave (c). Given the…

EURAUD currency pair recently reversed up from the support zone located between the key support level 1.59130 (which has been reversing the price from the end of July), lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous upward price impulse from the start July. The upward reversal…

Gold under the bearish pressure after the price reversed down from the resistance zone located between the major resistance level 1830.00 (which has been reversing the price from the middle of July), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous downward price move from June. The…

GBPUSD currency pair under the bullish pressure after the pair broke the resistance zone located between the resistance level 1.38100 (top of the previous minor impulse wave 1) and the resistance trendline of the daily down channel from the start of June. The breakout of this resistance zone accelerated the…

NZDCHF currency pair under the bearish pressure after the price reversed down from the resistance zone located between the pivotal resistance level 0.65400 (previous monthly high from July), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous extended intermediate correction (B) from February. Given the overbought daily…

EURAUD under the strong bearish pressure after the pair broke the support zone located between the support trendline from July and 38.2% Fibonacci correction of the upward price impulse from the start of July. The breakout of this support zone accelerated active minor impulse wave (i). Given the worsening euro…

AUDCHF continues to rise strongly after recently breaking the resistance zone lying between the resistance trendline of the daily down channel from the start of August and the 61.8% Fibonacci correction of the downward price impulse wave 5 from the middle of August. The breakout of this resistance zone accelerated…

WTI crude oil recently reversed down from the resistance zone lying between the pivotal resistance level 69.50 (which has been reversing the price from the start of August) and the 61.8% Fibonacci correction of the downward price impulse wave (c) from the end of July. The downward reversal from this…

AUDUSD currency pair recently broke through the resistance zone lying between the resistance level 0.73000 (former support from July) and the 61.8% Fibonacci correction of the downward price impulse wave (1) from the start of August. The breakout of this resistance zone accelerated the active minor impulse wave C. Given…