AUDCAD currency pair recently broke the pivotal support level 0.92500 (previous multi-month low from last October and the lower boundary of the sideways price range inside which the pair has been trading from the middle of May). The breakout of the support level 0.92500 accelerated the active short-term impulse wave…

EURCHF currency pair recently broke through the support area lying between the support level 1.07850 (which has been reversing the pair from the middle of February) and the support trendline of the daily down channel from the middle of May. The breakout of the support area accelerated the active short-term…

GBPUSD currency pair recently broke through the resistance area lying between the resistance level 1.39050 (top of the previous minor correction (iv)) and the 50% Fibonacci correction of the previous sharp extended downward impulse wave 1 from the start of June. The breakout of the resistance area accelerated the active…

USDCHF currency pair recently broke below the key support level 0.91150 (which stopped the previous wave (a) earlier this month) intersecting with the 50% Fibonacci correction of the previous sharp upward impulse 1 from the end of May. The breakout of the support level 0.91150 accelerated the active short-term impulse…

NZDCAD currency pair recently broke the pivotal support level 0.87300 (which stopped the previous wave (A) earlier this month). The breakout of the support level 0.87300 accelerated the active short-term impulse wave (A) of the higher-order corrective wave from the middle of July. Given the clear downtrend and the strongly…

GBPNZD continues to rise after the earlier breakout of the key resistance level 1.99500 (former monthly high from the middle of June). The breakout of the resistance level 1.99500 accelerated the active short-term impulse wave 3 of the intermediate impulse wave (C) from the end of April. Given the clear…

EURUSD currency pair recently reversed up from the support zone lying between the key support level 1.17500 (which stopped the sharp downward impulse wave in March) and the lower daily Bollinger band. The upward reversal from of this support zone stopped the previous short-term impulse wave 3.. Given the strength…

GBPJPY currency pair recently reversed up with the daily reversal pattern Morning Star Doji from the support zone lying between the key support level 148.650 (former monthly low from March), lower daily Bollinger band, and the support trendline of the daily down channel from the middle of June. The upward…

USDJPY currency pair recently reversed up with the daily reversal pattern Bullish Engulfing from the support zone lying between the key support level 109.600 (which stopped the price at the start of July), lower daily Bollinger band, 100-day moving average and the support trendline of the daily down channel from…

AUDCAD currency pair recently reversed up with the daily reversal pattern Piercing Line from the support zone lying between the key support level 0.92500 (which has been reversing the price from the middle of October), and the lower daily Bollinger band. The upward reversal from of this support zone stopped…