AUDCHF continues to fall inside the minor impulse wave 3, which started earlier with the daily Bearish Engulfing from the resistance area located between the key resistance level 0.67850 (former support from the start of July), upper daily Bollinger band and the 50% Fibonacci retracement level of the previous sharp…

AUDNZD continues to fall after the earlier breakout of the key support 1.04600 (which reversed the previous downward impulse wave at the start of this month). The breakout of the key support 1.04600 follows the earlier downward reversal from the lower trendline of the wide daily down channel from March…

Gold recently reversed up sharply with the daily Hammer from the support area located between the major support 1680.00 (which reversed the previous waves 5 and B in March) and the lower daily Bollinger Band. The upward reversal from this support zone started the active short-term correction (iv). Given the…

EURUSD currency pair recently reversed up from the major support area located between the key support 1.171000 (former multi-month low from March) and the lower daily Bollinger Band. The upward reversal from this support zone started the active minor correction (ii). Given the strength of the aforementioned support area -…

AUDCAD currency pair recently reversed down from the resistance area located between the key resistance level 0.92500 (former lower boundary of the sideways price range from the middle of May – acting as resistance after it was broken recently) and the 50% Fibonacci correction of the downward price impulse 1…

EURAUD currency pair recently reversed up from the support area located between the key support level 1.5900 (which stopped the previous minor correction 4 at the end of July), lower daily Bollinger band and the 50% Fibonacci correction of the upward price impulse (C) from last month. The upward reversal…

EURUSD currency pair recently corrected up from the support area set between the multi-month support level 1.17050 (which stopped the sharp downward impulse wave at the end of March) and the lower daily Bollinger band. The upward reversal from this support zone stopped the earlier extended ABC correction 2 from…

AUDUSD currency pair recently reversed up from the support zone located between the key support level 0.73150 (which has been steadily reversing the price from the middle of July) and the lower daily Bollinger band. The upward reversal from this support zone stopped the earlier minor impulse wave 5. Given…

WTI recently reversed up from the support zone located between the key support level 66.00 (which stopped the previous wave (2) with the daily Morning Star in the middle of July), lower daily Bollinger band and the 50% Fibonacci correction of the upward price move from the middle of March.…

EURCAD currency pair continues to fall after recently breaking the support zone located between the key support level 1.47700 (which stopped the previous waves (1) and B) and the 61.8% Fibonacci correction of the upward price move from the start of July. The breakout of this support zone started the…