USDJPY currency pair recently reversed up from the support area located between the support level 137.150 (former upper boundary of the sideways price range from the middle of last month) and the 38.2% Fibonacci correction of the upward impulse from the end of June. The upward reversal from this support…

USDCAD currency pair continues to rise after the earlier upward reversal from the support area located between the support level 1.28600 (which has been reversing this pair from the end of last month), lower daily Bollinger Band and the 50% Fibonacci correction of the sharp upward impulse wave (i) from…

NZDUSD currency pair continues to rise inside the short-term upward correction 4, which recently broke the resistance trendline of the daily down channel from the middle of June. This upward correction started earlier from the support level 0.61000 (which has been steadily reversing up this currency pair in the last…

EURCAD currency pair recently reversed up sharply with the weekly Japanese candlesticks reversal pattern Hammer from the support level 1.30000, standing well outside of the lower weekly Bollinger Band. The upward reversal from this support level stopped the previous sharp downward trend. Given the strongly bullish euro sentiment that can…

EURUSD currency pair recently reversed up sharply with the daily Japanese candlesticks reversal pattern Bullish Engulfing from the key support standing at parity, intersecting with the lower support trendline of the daily down channel from February and the lower daily Bollinger Band. Given the continuation of the bullish euro sentiment…

USDCAD currency pair recently reversed down sharply with the weekly Japanese candlesticks reversal pattern Shooting Star from the key resistance level 1.32000, intersecting with the upper resistance trendline of the weekly up channel from last year and standing far beyond the upper weekly Bollinger Band. Given the continuation of the…

WTI crude oil recently reversed up from the key support level 93.000 (which has been repeatedly reversing the price from the middle of March), standing close to lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from December. The upward reversal from the support level 93.000…

EURAUD currency pair recently reversed up from the key support level 1.48000 (which stopped the previous primary ABC correction at the start June), standing close to lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from April. The upward reversal from the support level 1.48000 started…

CADJPY currency pair recently reversed down from the key resistance level 106.900 (which stopped the previous sharp upward impulse wave (3) at the start June), intersecting with the upper daily Bollinger Band. The downward reversal from the resistance level 106.900 started the active minor correction (b). Given the strength of…

USDJPY currency pair today under the strong bullish pressure after the pair broke above the key resistance level 137.200 (upper boundary of the tight sideways price range inside which the pair has been trading from the middle of June). The breakout of this resistance level 137.200 accelerated the active impulse…