USDCAD currency pair recently broke the combined support area located between the key support level 1.25000 (which has been reversing the price from the start of April) and the 50% Fibonacci correction of the earlier upward impulse (i) from March. The breakout of this support area accelerated the active minor…

EURAUD currency pair recently reversed don from the resistance area located between the pivotal resistance level 1.56000 (former support from January, which has been reversing the price from the end of March) and the upper daily Bollinger Band. The downward reversal from this resistance area stopped the previous minor impulse…

GBPCAD recently reversed down sharply from the resistance area located between the pivotal resistance level 1.75760 (former strong support from the start of March) and the upper daily Bollinger Band. The downward reversal from this resistance zone created the daily candlesticks reversal pattern Evening Star – which stopped the previous…

GBPUSD currency pair recently reversed down from the resistance zone located between the key resistance level 1.40000 (which has been reversing the price form the start of March), upper daily Bollinger Band and the 50% Fibonacci correction of the sharp downward impulse from February. The downward reversal from this resistance…

EURUSD currency pair recently reversed down from the resistance zone located between the resistance level 1.20400 (former support from January), upper daily Bollinger Band and the 61.8% Fibonacci correction of the sharp downward impulse from February. The downward reversal from this resistance level 1.20400 created the daily candlesticks reversal pattern…

AUDJPY currency pair recently reversed down from the resistance area set between the resistance level 84.610 (which has been reversing the price from the end of February) and the upper daily Bollinger Band. The downward reversal from this resistance level 84.610 created the daily candlesticks reversal pattern Shooting Star,. Given…

CHFJPY currency pair recently reversed down from the resistance area set between the resistance level 118.500 (which has been reversing the price from the middle of March) and the upper daily Bollinger Band. The downward reversal from this resistance level 118.500 stopped the earlier minor impulse wave 3. Given the…

NZDCAD currency pair continues to rise inside the impulse wave (3) which previously broke the resistance area set between the resistance level 0.90000 (former strong resistance from the middle of March) and the 38.2% Fibonacci correction of the upward impulse from October. Given the longer- term uptrend and the moderate…

EURGBP currency pair continues to fall inside the intermediate corrective wave (2) which started earlier from the resistance area set between the resistance level 0.87200 (top of the previous correction 4 from the end of February), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from…

GBPUSD recently broke through the resistance area set between the resistance level 1.39000 (top of the previous correction (b) from the start of April) and the resistance trendline of the daily down channel from the end of February. The breakout of this resistance area accelerated the active impulse wave (3).…