GBPUSD currency pair previously reversed up from the support zone lying between the support level 1.41000 (which has been reversing the price from the start of May), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from last month. Given the prevailing uptrend that can be…

EURNZD currency pair under the bearish pressure after reversing down from the resistance zone lying between the resistance level 1.70350 (which has been reversing the price from January), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from August. Given the bullish NZD sentiment seen across…

WTI continues to rise strongly after breaking the upper resistance trendline of the narrow daily up channel from the end of May (which has enclosed the most of the active minor impulse sequence (iii). The active impulse sequence (iii) belongs to the sharp upward impulse wave C from the end…

EURAUD currency pair recently reversed up from the support zone lying between the pivotal support level 1.56750 (former strong resistance from February and April), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse (C) from May. The upward reversal from this support zone stopped the previous…

GBPUSD currency pair recently reversed up from the support zone lying between the support level 1.40850 (which has been reversing the price from the start of May), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from May. The upward reversal from this support zone stopped…

USDJPY currency pair recently reversed up from the support zone lying between the support level 109.250 (which has been reversing the price from the start of June), lower daily Bollinger Band and the 38.25 Fibonacci correction of the upward impulse from April. The upward reversal from this support zone continues…

AUDJPY currency pair recently reversed down from the resistance zone located between the key resistance level 85.000 (which has been reversing the price from March) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the previous short-term impulse wave (iii). Given the strength of the…

USDCHF currency pair recently reversed up from the support zone lying between the strong support level 0.89300 which has been reversing the price from February) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the previous short-term impulse wave 3. Given the strength of the…

EURGBP currency pair recently reversed down with the daily Bearish Engulfing from the resistance zone lying between the minor resistance level 0.86400 (top of the previous wave (b)), upper daily Bollinger Band and the 100-day moving average. Given the clear daily downtrend EURGBP currency pair recently can be expected to…

GBPUSD currency pair recently reversed up from the support zone lying between the pivotal support level 1.40850 (which has been reversing the price from the end of May) , lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from April. Given the strong uptrend and the…