CADJPY continues to rise sharply after the latest breakout of the resistance area lying between the resistance level 83.800 (which stopped the previous impulse wave (i) in the middle of February) and the resistance trendline of the extended daily up channel from November. The breakout of this resistance area accelerated…

WTI recently reversed up strongly from the support area lying between the support level 57.70 (low of the previous minor corrective wave (iv)), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from the end of January. The upward reversal from this support area started the…

CHFJPY recently reversed up strongly from the key support level 116.200 (which has been reversing the price from December), intersecting with the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from November. The upward reversal from this support level stopped the previous short-term corrective wave…

GBPCHF continues to rise sharply after the price broke the resistance level 1.25000 (which was set as the likely upward target in our previous forecast for this currency pair), intersecting with the upper resistance trendline of the daily up channel from the start of January. The breakout of these resistance…

EURCHF under the bullish pressure after the pair broke above the major multi-month resistance level 1.08800 (which has been steadily reversing the price from the start of June, as can be seen from the daily EURCHF chart below). The breakout of the resistance level 1.08800 continues the active short-term impulse…

EURAUD recently broke below the key support level 1.56000 (which reversed the price numerous times from the middle of January as can be seen from the daily EURAUD chart below). The breakout of this support level accelerated the active short-term impulse wave 3 from the start of February – which…

AUDUSD recently broke above the key resistance area located between the resistance level 0.77650 (which reversed the price multiple times in Januarys) and the resistance level 0.78000 (top of the previous wave s(1) and B). The breakout of this resistance area accelerated the active short-term impulse wave 3 from the…

GBPCAD recently broke above the major resistance level 1.76200 (which has been reversing this currency pair from the middle of April). The breakout of this resistance level accelerated the active impulse wave (c) from themiddle of December. Give the overwhelming sterling optimism seen across the currency markets today - GBPCAD…

GBPNZD continues to rise steadily after this currency pair broke the key resistance level 1.92000 (which has been steadily reversing this currency pair from the middle of November) – intersecting with the 50% Fibonacci correction level of the previous downward impulse wave 1 from the end of October. The pair…

USDCAD currency pair under the bullish pressure today after the pair reversed up from the key support level 1.26300 (which has been steadily reversing this currency pair from the start of January as can be seen from the daily USDCAD chart below) – strengthened by the lower daily Bollinger Band.…