USDCAD currency pair recently reversed down with the clearly formed daily Shooting Star from the resistance area located between the multi-month resistance level 1.28600 (which has been reversing the price from December), upper daily and weekly Bollinger Band and the 61.8% Fibonacci correction of the extended downward price impulse from…

GBPUSD currency pair recently reversed up from the support area located between the key support level 1.36000 (low of the pervious intermediate impulse wave (1) from last month, which has been reversing the price from January), lower daily and weekly Bollinger Bands and the 38.2% Fibonacci correction of the extended…

EURCAD currency pair recently reversed down from the resistance area located between the pivotal resistance level 1.51000 (previous monthly high from July), upper daily Bollinger Band and the 38.2% Fibonacci correction of the extended downward price move from December to May. Given the prevailing downtrend and the latest reversal of…

GBPCAD currency pair under the bearish pressure after the price reversed down from the resistance area located between the key resistance level 1.75600 (which has been reversing the price from April, as can be seen from the daily GBPCAD chart below) and the upper daily Bollinger Band. The price is…

WTI crude oil under the bearish pressure after the price broke the support area located between the strong support level 65.00 (which has been reversing the price from the middle of July, low of the previous waves A and (i)) and the 61.8% Fibonacci correction of the sharp upward price…

CADCHF currency pair recently reversed up from the combined support area set between the pivotal support level 0.71850 (which has been reversing the price from the middle of July), 50% Fibonacci correction of the upward price impulse from December and the lower daily Bollinger Band. Given the strength of the…

EURJPY currency pair recently reversed up from the combined support area set between the long-term support level 128.400 (former resistance from February, which has been reversing the price from the start of March) and the lower daily Bollinger Band. Given the strength of the aforementioned support area - EURJPY currency…

GBPCHF currency pair under the bullish pressure after the earlier upward reversal from the support area located between the major support level 1.25500 (which has been reversing the pair form July), lower daily Bollinger Band and the upward-sloping support trendline from the middle of January. Given the clear daily uptrend…

AUDJPY currency pair under the bearish pressure after previously breaking the support area located between the round support level 80.000 (previous monthly low from July, which stopped the previous impulse (A) and the 50% Fibonacci retracement of the previous multi-month upward impulse from the end of October. Given the prevailing…

GBPUSD currency pair continues to fall inside the minor impulse wave C, which previously broke the support area located between the key support level 1.38000 (which stopped impulse (i) in the middle of August) and the 50% Fibonacci retracement level of the previous sharp price impulse (1) from the middle…