EURCAD currency pair recently broke sharply below the key support level 1.50600 (former multi-month support level from May and June of 2020). The breakout of the support level 1.50600 accelerated the active impulse wave 5 – which belongs to the medium-term downward impulse wave (C) from the end of December.…

AUDUSD currency pair recently reversed up from the support area lying between the key support level 0.76300 (former strong resistance level from the middle of December), lower daily Bollinger Band and the 50% Fibonacci correction level of the previous extended upward impulse from the middle of November. The upward reversal…

CHFJPY continues to rise after the pair reversed up from the key support level 116.200 (which has been repeatedly reversing the pair from the end of December), standing near the lower daily Bollinger Band and the 50% Fibonacci correction level of the previous sharp upward impulse from the middle of…

WTI recently reversed up sharply from the key support level 63.60 (former powerful resistance from the end of February, which stopped the previous sharp upward impulse wave (iii) with the daily Evening Star). The support area near the support level support level 63.60 was strengthened by the intersecting 50% Fibonacci…

GBPUSD recently reversed up sharply from the key support level 1.38000 (former strong resistance from the end of January, which has been reversing the pair from the start of February). The support area near the support level 1.38000 was strengthened by the lower weekly Bollinger Band and by the support…

Gold recently reversed up sharply from the major long-term support level 1682.00 (former strong resistance from March of 2020, which has been reversing the pair from the start of last year, as can be seen from the weekly Gold chart below). The support area near the support level 1682.00 is…

NZDUSD currency pair recently reversed up from the powerful multi-month support level 0.71000 (which has been reversing the pair from the middle of January, as can be seen from the daily NZDUSD chart below). The support area near the support level 0.7100 was strengthened by the lower daily Bollinger Band…

USDCHF currency pair recently broke above the powerful multi-month resistance level 0.93000 (which stopped the previous medium-term correction (4) in last September, as can be seen from the daily USDCHF chart below). The breakout of the resistance level 0.93000 accelerated the active medium-term upward impulse sequence (5) from the end…

EURUSD currency pair continues to fall after the recent breakout of the support area lying between the support level 1.19600 (former monthly low from the start of February, as can be seen from the daily EURUSD chart below), 50% Fibonacci correction of the upward impulse from November and the support…

CHFJPY recently reversed up from the support area lying between the support level 116.200 (which has been repeatedly reversing this currency pair from the end of December, as can be seen from the daily CHFJPY chart below) and the 50% Fibonacci correction of the upward impulse from the middle of…