EURCAD currency pair recently reversed up from the key support level 1.29650 (which stopped the previous sharp minor impulse wave 1 in the middle of July), standing close to the lower daily Bollinger Band. The upward reversal from the support level 1.29650 stopped the earlier minor impulse wave 3 –…

AUDJPY currency pair recently broke the support trendline from the end of January. The breakout of this support trendline accelerated the active minor impulse wave C – which belongs to the intermediate ABC correction (2) from the middle of July. Given the strongly bullish yen sentiment seen across the FX…

CHFJPY currency pair recently reversed up from the support area lying between the support level 141.000, 20-day moving average, sharp upward-sloping support trendline from May and the 50% Fibonacci retracement of the upward price impulse from the middle of June. The upward reversal from this support area started the active…

USDJPY currency pair recently reversed up from the support area located between the support level 136.000 (which has been reversing the price from the start of July) and the 38.2% Fibonacci correction of the upward price impulse from the middle of June. The upward reversal from this support area started…

CADCHF currency pair recently reversed up with the daily Piercing Line from the support area located between the support level 0.74650, 20-day moving average and the 50% Fibonacci correction of the upward price impulse (1) from the end of June. The upward reversal from this support area started the active…

CADJPY currency pair recently reversed up from the key support area lying between the support level 105.200, 20-day moving average, support trendline of the daily up channel from June and the 38.2% Fibonacci correction of the upward impulse from June. The upward reversal from this support zone stopped the previous…

GBPAUD currency pair recently reversed up from the powerful support zone set between the long-term support level 1.72600 (which has been reversing the price from the start of April) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the previous minor impulse wave (i) from…

GBPCHF currency pair recently reversed up with the daily Bullish Engulfing from the support zone set between the key support level 1.15350 (which reversed the pair multiple times in June) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the previous minor impulse wave (iii).…

EURCHF currency pair recently reversed down from the resistance zone lying between the key resistance level 0.99450 (former support from the end of June), 20-day moving average and the 61.8% Fibonacci correction of the downward impulse (v) from the start of July. Given the clear daily downtrend and the powerful…

CADJPY currency pair recently reversed down from the resistance area located between the key resistance level 107.300 (which stopped the previous sharp upward impulse wave (i) at the start of June) and the upper daily Bollinger Band. The downward reversal from this resistance area stopped the earlier short-term upward impulse…