AUDUSD currency pair recently reversed up from the support area lying between the key support level 0.76650 (which has been reversing this currency pair from the start of January), lower daily Bollinger Band, support trendline of the daily up channel from the start of November and the 38.2% Fibonacci correction…

AUDNZD continues to rise inside the accelerated short-term impulse wave (c) which previously broke the resistance area lying between the key resistance level 1.07700 (monthly high from November) and the 61.8% Fibonacci correction of the extended downward impulse 1 from the middle of August. Given the rising bullish sentiment affecting…

EURUSD continues to rise after this currency pair reversed up from the powerful support area lying between the key support level 1.21000 (which was set as the downward target in our pervious forecast for this currency pair), 38.2% Fibonacci correction of the upward impulse from November and the lower daily…

CADJPY currency pair under bearish pressure after the pair reversed down from the powerful resistance area lying between the multi-month resistance level 82.150 (which stopped the sharp uptrend in June) and 81.750 – strengthened by the upper daily Bollinger Band. The downward reversal from this resistance area created the daily…

NZDUSD continues to fall after the earlier breakout of the support trendline of the daily up channel from the start of November. The breakout of this up channel accelerated the active minor impulse wave 1 of the medium-term impulse sequence (1) from the start of January. Given the rising dollar…

EURGBP recently reversed up from the support area lying between the multi-month support level 0.88650 (which has been reversing the price from the start of June) and the lower daily Bollinger Band. The upward reversal from this support area stopped the previous manor ABC correction (ii). Given the strength of…

GBPJPY recently reversed down from the resistance area lying between the strong resistance level 142.000 (which stopped the sharp impulse wave C in August as can be seen below) and the upper daily Bollinger Band. The downward reversal from this level 142.000 started the active minor impulse wave (i). Given…

NZDCAD continues fall after this currency pair reversed down from the powerful combined resistance area lying at the intersection of the long term resistance level 0.92600 (which has been repeatedly reversing the price from the end of 2018) and the upper weekly Bollinger band. The downward reversal from this resistance…

EURGBP continues fall inside the short-term downward impulse wave (c), which previously broke the key support level 0.89100 (which has been repeatedly reversing the price from the end of November). The breakout of the support level 0.89100 accelerated the active impulse wave (c) – which then broke the daily support…

USDCHF today reversed down from the pivotal multi-candle resistance level 0.89100 (which has been repeatedly reversing the price from the start of December) - intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction level of the previous sharp downward impulse from November. Given the strength of downtrend…