NZDUSD currency pair under the bullish pressure today after the price broke through the resistance zone lying between the round resistance level 0.70000 and the resistance trendline from the end of May. The breakout of this resistance zone accelerated the active interdicted impulse wave (C). Given the strongly bullish New…

EURCHF currency pair today reversed down from the resistance zone lying between the pivotal resistance level 1.0830 (former top of wave 4 from the middle of August), upper daily Bollinger Band and the 50% Fibonacci correction of the earlier sharp downward impulse (C) from the start of July. Given the…

AUDCHF currency pair recently broke the resistance zone lying between the pivotal resistance level 0.66350 (former monthly low from the end of July) and the 50% Fibonacci correction of the earlier sharp downward impulse (i) from the start of August. Given the prevailing bearish Swiss franc sentiment seen acorns the…

AUDCAD currency pair today reversed down with the daily Japanese candlesticks reversal pattern Dark Cloud Cover Engulfing from the resistance zone lying between the key resistance level 0.92250 (which has been reversing the price from the start of August) and the 50% Fibonacci correction of the downward impulse from the…

EURUSD currency pair recently reversed up with the daily Japanese candlesticks reversal pattern Bullish Engulfing from the support zone lying between the major support level 1.17000 (pervious multi-month low from March) and the lower daily Bollinger Band. Given the proximity of the aforementioned support zone and the rising dollar bearishness…

GBPCHF currency pair recently reversed up from the combined support zone located at the intersection of the support level 1.07000, lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward price impulse wave (c) from the start of July. Given the proximity of the aforementioned support zone and…

GBPCAD currency pair recently reversed up from the support area located between the key support level 1.72650 (which has been reversing the price from the middle of July), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from July. Given the rising sterling bullishness seen across…

  AUDCAD currency pair recently reversed up from the support area located between the key support level 0.91000 (which stopped the pervious sharp downward impulse wave 1) and the lower daily Bollinger Band. The upward reversal from this support area stopped the earlier impulse waves (iii), 3 and (3). Given…

WTI crude oil continues to rise after the price reversed up with the daily candlesticks reversal pattern Bullish Engulfing from the support area located between the key support level 62,00 (which has been reversing the price from April), lower daily Bollinger Band and the 50% Fibonacci correction of the sharp…

AUDUSD currency pair recently reversed up with the clearly formed daily candlesticks reversal pattern Morning Star from the support area located between the key support level 0.71300, lower daily Bollinger Band and the support trendline of the daily down channel from the middle of June. Given the rising bullish AUD…