EURCAD recently reversed up from the support area located between the multi-month support level 1.53250 (which has been reversing this currency pair from the start of November as can be seen below) and the lower daily Bollinger Band. The upward reversal from this support area started the active minor impulse…

GBPCHF continues to rise inside the sharp minor impulse wave 3 which previously broke the long-term resistance 1.22000 (which has been reversing the price from the end of April and which is the upper boundary of the sideways price range inside which the pair has been trading from last year).…

EURGBP currency pair under bearish pressure today after the earlier breakout of the powerful support level 0.88850 (which has been reversing the price from last year) – which was followed by the latest breakout of the powerful support level 0.88000 – which accelerated the active short-term impulse wave (c) of…

EURUSD currency pair under bearish pressure after the earlier breakout of the number of consecutive support levels - the support level 1.20650 (which reversed the previous waves (iv) and (a)), 50-day moving average and the 38.2% Fibonacci correction of the previous sharp upward impulse from the start of November. The…

CADJPY currency pair recently reversed down from the resistance zone located between the key resistance level 82.150 (which reversed the previous waves (1), (iii) and 2) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the previous short-term impulse wave 3 from the end of…

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…

USDCHF continues to rise inside the minor impulse wave (c) – which previously broke the resistance area located between the pivotal resistance level 0.89200 (which has been reversing the price from the start of December) and the 38.2% Fibonacci correction of the downward impulse from November. The breakout of this…

CHFJPY continues to decline – after the pair revered down strongly from the resistance area located between the powerful, long-term resistance level 117.800 (which has been reversing the price from the middle of August) standing close to the upper daily Bollinger Band. The downward reversal from this resistance area will…

EURJPY recently reversed up from the key support level 125.200 (former resistance from the start of November), standing near the lower daily Bollinger Band and the 38.2% Fibonacci correction level of the previous upward impulse wave from the start of November. The upward reversal from the support level 125.200 started…