EURGBP recently reversed down from the resistance area located between the round resistance level 0.90000 (former strong support from October), standing near the upper daily Bollinger Band, resistance trendline of the daily down channel from September and the 50% Fibonacci of the previous impulse (c). Given the rising euro bearishness…

EURNZD today once again reversed up from the support area located between the key multi-month support level 1.71600 (former resistance from February which has been steadily reversing the pair from the start of June), standing near the lower daily Bollinger Band. Given the strength of the aforementioned support area and…

USDJPY continues to fall after the earlier downward reversal from the resistance area located between the key resistance level 105.30 (top of the previous minor correction (b)), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous extended downward impulse wave from the middle of August. Given the…

GBPCAD recently reversed down from the resistance area located between the key resistance level 1.73500 (former monthly high from the end of October), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous shot-term ABC correction 2 from the end of July. Given the intensifying sterling bearish sentiment…

AUDNZD recently reversed up with the daily bullish Japanese candlesticks reversal pattern Morning Star from the key support level 1.05400 (former monthly low from July), lower daily Bollinger Band and the support trendline of the daily down channel from August. Given the growing AUD bullishness seen across the FX markets…

GBPNZD recently reversed down from the powerful, multi-month support level 1.90850 (which formed the Double Bottom chart pattern in July) – intersecting with the lower daily Bollinger Band. The upward reversal from the support level stopped the previous medium-term impulse wave (3). Given the strength of the support level 1.90850…

CADJPY recently reversed down from the key resistance level 81.400 (former multi-candle resistance level from the start of September) – strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level started the active short-term corrective wave 2. Given the continuation of the bearish Canadian dollar sentiment…

EURUSD under bearish pressure after the pair previously reversed down with the daily Japanese candlesticks reversal pattern Bearish Engulfing from the pivotal resistance level 1.19000 (which has been repeatedly reversing the price from the start of September, as can be seen below) – standing near the upper daily Bollinger Band.…

EURNZD continues to fall strongly after the earlier breakout of the key support level 1.72000 (which has been steadily reversing the price from the start of June, as can be seen below). The breakout of this support level accelerated the active minor impulse wave 3 – which belongs to the…

GBPCHF continues to rise strongly after the earlier breakout of the key resistance level 1.20000 (which is the upper borer of the narrow sideways price range inside which the pair has been moving from the end of September). The breakout of this resistance level accelerated the active impulse wave (c).…