GBPNZD recently reversed up from the support area set between the support level 1.92000 (former strong support from March), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from December. The upward reversal from this support area stopped the previous impulse wave (3). With the oversold…

NZDCAD recently reversed down from the resistance area located between the round resistance level 0.90000 (former support from December), upper daily Bollinger Band and the lower trendline of the daily up channel from last year. The downward reversal from this resistance area stopped the previous impulse wave 3. With the…

AUDCAD recently broke sharply through the resistance area located between the resistance level 0.96350 (top of the previous wave (a)) and the 50% Fibonacci correction of the previous downward impulse wave from the middle of March – which accelerated the active impulse waves 3 and (C). With the rising Australian…

USDJPY continues to fall inside the sharp downward impulse wave C, which previously broke the support trendline from February and the support area lying between the support level 109.00 and the 38.2% Fibonacci correction of the previous sharp upward impulse wave from the end of February – which strengthened the…

NZDUSD under the bullish pressure after he earlier breakout of the key resistance level 0.70750 (top of the previous minor correcting (a) from the start of April.) The breakout of the resistance level 0.70750 accelerated the active minor impulse wave (c) – which belongs to the longer-term ABC correction 2…

EURNZD currency pair continues to fall after the currency pair reversed down form the resistance zone located between the resistance level 1.69400 (which has been steadily reversing the price from the end of January) and the 61.8% Fibonacci correction level of the previous extend downward impulse wave (3) from the…

EURUSD currency pair continues to rise after the currency pair broke the resistance zone located between the resistance level 1.1910 (top of the previous impulse wave A) and the 38.2% Fibonacci correction level of the previous sharp downward impulse wave (3) from the end of February. Given the rising bullish…

CHFJPY currency pair recently reversed down from the resistance zone located between the pivotal resistance level 118.750 (former multi-month high from the middle of February, as can be seen from the daily CHFJPY chart below) and the upper daily Bollinger Band. Given the strength of the aforementioned resistance area, overbought…

GBPCAD recently reversed up from the support zone set between the pivotal support level 1.72000 (which has been reversing the price from the start of January, as can be seen from the daily GBPCAD chart below), lower daily Bollinger Band and the 61.8% Fibonacci retracement of the previous sharp upward…

WTIUSD recently reversed up from the support area located between the pivotal support level 58.00 (which has been reversing the price from the middle of February, as can be seen from the daily WTIUSD chart below), lower daily Bollinger Band and the 50% Fibonacci correction of the previous upward impulse…