WTI recently broke through the round resistance level 70.00. The breakout of the resistance level 70.00 should accelerate the active impulse waves (iii) and iii – which belong to the sharp upward impulse sequence C from the middle of last month. Given the prevailing uptrend and the increase expectation for…

EURJPY currency pair recently reversed up from the support area located between the key support level 133.000 (which has been reversing the pair from the middle of May) and the 38.2 Fibonacci correction level of the previous upward price impulse from the start of May . The upward reversal from…

USDCHF currency pair recently reversed up from the resistance area located between the key resistance level 0.90500  (which has been reversing the pair from the middle of May), upper daily Bollinger Band and the 50.5 Fibonacci correction level of the previous onward impulse from the start of Ma . The…

EURGBP currency pair recently reversed up from the support area located between the key support level 0.85660 (which has been reversing the pair from the start of May) and the lower daily Bollinger Band. The upward reversal from this support area stopped the previous minor ABC correction 2. Given the…

AUDUSD currency pair recently reversed up from the support area located between the key resistance support 0.76840 (which has been reversing the pair from the end of April), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse wave 1 from the start of April. The upward…

USDJPY currency pair recently reversed down from the resistance area lying between the key resistance level 110.218 (top of the previous Shooting Star from the end of May) and the upper daily Bollinger Band. The downward reversal from this resistance area created the daily candlesticks reversal pattern bears Engulfing. Given…

NZDCAD currency pair recently reversed up from the powerful support level 0.86300, which has been repeatedly reversing the pair from last October – strengthened by the lower daily Bollinger Band. The upward reversal form the support level 0.86300 stopped the previous intermediate impulse wave (3). Given the bullish divergence on…

NZDUSD currency pair recently reversed up from the support area lying between the key support level 0.71500 ( which has been reversing the price from the middle of April), 50-day moving average, lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from March. The upward reversal…

EURNZD currency pair recently reversed up with the daily Morning Star from the support level 1.67000, which has been repeatedly reversing the pair from April. The upward reversal form the support level 1.67000 started the active impulse wave 3. Given the strongly bearish NZD sentiment seen today - EURNZD currency…

USDCAD currency pair recently reversed up from the support level 1.20300, intersecting with the lower daily Bollinger Band. The upward reversal form the support level 1.20300 created the daily Japanese candlesticks reversal pattern Bullish Engulfing – which follows the earlier daily Hammer. Given the strongly bullish dollar sentiment seen across…