EURAUD recently reversed up from the key support area lying between the long-term support level 1.60300 (which has been reversing the price from the start of June – having stopped the sharp downtrend in the middle of this year) and the lower daily Bollinger Band. The upward reversal from this…

NZDUSD recently reversed up from the support area lying between the round support level 0.70000 (which has been reversing the price from the end of November), lower daily Bollinger Band and the 38.2% Fibonacci correction level of the previous upward impulse wave from the middle of November. The same support…

  NZDCHF continues to rise higher – after the pair reversed up from the combined support area lying between the support level 0.62400 (which has been reversing the price from the start of November), lower daily Bollinger Band and the 38.2% Fibonacci correction level of the previous upward impulse wave…

EURCAD continues to grind higher – after the pair broke above the multiple resistance levels: resistance level 1.56500 (which reversed the price twice in October), resistance level 1.57350 (monthly high from September) and the 50% band 61,8% Fibonacci correction levels of the previous ABC correction (2) from July. Given the…

EURAUD recently reversed up from the support area lying between the key support level 1.60300 (former major support which stopped the strong downtrend in June) and the lower daily Bollinger Band. The upward reversal from this support area started the active short-term corrective wave (ii). Given the rising euro bullish…

WTI oil recently reversed down from the resistance area lying between the round resistance level 50.00 (former support from February), upper daily Bollinger Band and the resistance trendline of the narrow up channel from the middle of November. Given the overbought daily Stochastic and the sharp decline in risk appetite…

EURJPY recently reversed down with the daily Japanese candlesticks reversal pattern Shooting Star from the resistance area lying between the powerful resistance level 127.100 (which stopped the previous intermediate impulse wave C at the start of September) and the upper daily Bollinger Band. Given the rising risk-off sentiment seen across…

CHFJPY continues to fall strongly inside the minor correction 2 which started earlier from the resistance area lying between the multi-month resistance level 117.800 (which stopped the previous sharp uptrend at the end of August as can be seen from the daily CHFJPY chart below) and the upper daily Bollinger…

NZDUSD recently broke above the key resistance level 0.71000 (which stopped the previous sharp upward impulse wave (i) at the start of December). The breakout of the resistance level 0.71000 should accelerate the active short-term upward impulse wave 5 – which belongs to the powerful on-going impulse wave (5) from…

CHFJPY continues to fall strongly inside the minor correction 2 which started earlier from the resistance area lying between the multi-month resistance level 117.800 (which stopped the previous sharp uptrend at the end of August as can be seen from the daily CHFJPY chart below) and the upper daily Bollinger…