WTI recently broke above the key resistance level 67.83 – which stopped the sharp uptrend in March. The breakout of the resistance level 67.83 continues the active short-term impulse wave (iii) – which belongs to the sharp upward impulse wave C from April. Given the strong daily uptrend and concerns…

GBPJPY currency pair recently reversed up sharply from the combined support zone located between the key support level 115.000 (former resistance from last month) and the support trendline of the narrow daily up channel from April. The upward reversal form this support zone completed the previous minor correction 4. Given…

AUDNZD currency pair recently reversed up sharply from the combined support zone located between the key support level 1.06400 (low of wave (ii) from February), lower daily Bollinger Band and the 61.8% Fibonacci correction of the intermediate ABC correction (2) from December to March. Given the strength of the aforementioned…

NZDCAD recently reversed up from the resistance zone lying between the key resistance level 0.88500 (which has been reversing the pair from the end of April), upper Bollinger Band and the 50% Fibonacci correction of the sharp downward impulse from April. The downward reversal from this resistance zone stopped the…

AUDUSD recently reversed up from the support zone lying between the pivotal support level 0.76850 (which has been reversing the pair from the middle of April), lower Bollinger Band and the 61.8% Fibonacci correction of the minor impulse wave 1 from March. The upward reversal from the support level 0.76850…

USDJPY under the bearish pressure after the pair reversed with the daily candlesticks reversal pattern Shooting Star from the round resistance level 110.000, standing near the resistance level 109.700 (top of the previous impulse wave 1), strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level…

GBPUSD under the strong bearish pressure after the pair failed to break above the major resistance level 1.42000 (which has been reversing the price from the end of February), strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 1.42000 stopped the previous minor impulse wave…

EURCHF currency pair recently reversed up from the key support level 1.09300 (which has been repeatedly reversing the price from the star of May) – standing near the lower daily Bollinger Band and the 50% Fibonacci correction level of the previous upward impulse wave from November. The upward reversal from…

GBPUSD currency pair recently reversed up from the key support level 1.41000 (which has been repeatedly reversing the price from the star of May) – standing near the 38.2% Fibonacci correction level of the previous sharp upward impulse wave from the end of April. Given the prevailing daily uptrend and…

GBPJPY currency pair continues to rise after recently breaking the key resistance level 154.815 (which stopped the previous minor impulse wave (i) earlier this month). The breakout of the resistance level 154.815 continues the active short-term impulse waves (iii) and 3. Given the strong daily uptrend and the clear bullish…