GBPNZD currency pair recently reversed up sharply from the major support level 1.92000 (which has been reversing the price from the start of March, as can be seen blew) – strengthened by the lower daily Bollinger Band and by the nearby 50% Fibonacci correction of the upward price move form…

GBPAUD currency pair recently reversed up from the key support level 1.78000 (which has been steadily reversing the price from the start of February, as can be seen blew) – strengthened by the lower daily Bollinger Band. The upward reversal from the support level 1.7800 started the active minor impulse…

NZDCAD recently reversed up from the key support level 0.87750 (former resistance from October- which has been steadily reversing this currency pair from last November) – strengthened by the lower daily Bollinger Band. The upward reversal from the support level 0.87750 started the active intermediate correction (B). Given the proximity…

Gold recently broke the resistance area located between the round resistance level 1800.00 (former monthly high from the middle of April) and the 61.8% Fibonacci correction of the preceding downward impulse wave from the end of January. The breakout of this resistance area accelerated the active impulse waves 3 and…

USDCAD currency pair recently reversed down from the resistance area located between the key resistance level 1.23700 (former monthly low from the middle of March) and the 38.2% Fibonacci correction of the preceding downward impulse wave from the end of April. The downward reversal from this resistance area is aligned…

EURJPY currency pair recently reversed up from the support area located between the key support level 131.000 (former top of the impulse wave (i) from the end of April) and 50% Fibonacci correction of the pervious upward impulse wave (iii). The upward reversal from the support level 131.000 continues the…

WTI recently broke through the resistance area located between the key resistance level 64.30 (former top of the impulse wave 1 from April) and the resistance level 65.30 (which stopped the previous minor impulse wave (i) at the end of April). The breakout of these resistance levels accelerated the active…

NZDJPY recently reversed up from support area located between the key support level 77.830 (former resistance level which reversed the pair multiple times in April, as can be seen below) and the 38.2% Fibonacci correction of the upward impulse form March. The upward reversal from the support level 77.830 continues…

AUDJPY recently reversed down from resistance area located between the key resistance level 84.600 (which has been reversing this currency pair from the end of February, as can be seen below) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the previous impulse waves (iii)…

EURJPY recently reversed down from resistance area located between the key resistance level 132.200, upper daily Bollinger Band and the resistance trendline of the daily up channel from the middle of February. The downward reversal from this resistance zone stopped the previous sharp impulse wave (i) from the middle of…