USDCAD currency pair recently reversed up from the support area lying between the key support level 1.24000 and the lower daily Bollinger Band. The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Morning Star – which started the active minor impulse wave (i). With the…

EURNZD currency pair recently reversed up from the support zone located between the key support level 1.67600 (low of the pervious daily Bullish Engulfing from the end of January) – standing near the lower daily Bollinger Band. The upward reversal from this support zone stopped the previous nested impulse wave…

WTI continues to rise inside the sharp minor impulse wave (iii) – which previously broke the pivotal resistance level 53.60 (which is the upper boundary of the narrow sideways price range inside which the price has been trading from the start of January). The breakout of the resistance level 53.60…

EURGBP today once again reversed up from the key support level 0.85400 (which stopped the previous strong impulse waves 3 and (i) as can be seen from the daily EURGBP chart below) – intersecting with the lower daily Bollinger Band. The upward reversal from the support level 0.85400 stopped the…

GBPUSD recently reversed up from the key support level 1.38000 (which has been reversing the price from the start of February as can be seen below) – intersecting with the lower daily Bollinger Band and the support trendline for the sharp and extended upward daily channel from last October. The…

EURCHF recently broke through the key support level 1.10350 (which stopped the previous minor corrective wave (a) at the start of March, as can be seen from the daily EURCHF chart below) – intersecting with the 61.8% Fibonacci correction of the previous upward impulse (v) from the end of February.…

WTI oil recently reversed down from the pivotal resistance level 66.00 (which stopped the previous impulse wave 5 at the start of March)  intersecting with the upper daily Bollinger Band. The downward reversal from the resistance level 66.00 continues the active downward impulse wave (i) from the start of March.…

USDCAD currency pair recently reversed up from the pivotal support level 1.24600 (former monthly low from the end of February) – intersecting with the lower daily Bollinger Band. The upward reversal from the support level 1.24600 stopped the previous sharp downward impulse wave (iii) from the end of last month.…

EURUSD currency pair recently reversed down from the key resistance level 1.19702 (former monthly low from the start of February) – intersecting with the lower trendline of the recently broke weekly up channel rom 2020 (acting as resistance after it was broken) and the 50% Fibonacci correction of the upward…

CADCHF currency pair recently broke the resistance level 0.74000 (which stopped the previous sharp upward impulse wave (i) at the start of March). The breakout of the resistance level 0.74000 accelerated the active shortterm impulse wave 5 – which belongs to the medium-term upward impulse sequence (3) from the middle…