EURJPY currency pair recently reversed up from the support area located between the key support level 138.950 (former support from June), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from May. The upward reversal from this support area started the active minor impulse wave (iii).…

CHFJPY currency pair recently reversed up from the support area located at the intersection of the key support level 138.950 (which has been reversing the pair from the start of July), 20-day moving average, support trendline from May and the 50% Fibonacci correction of the upward impulse from May. The…

EURGBP currency pair recently reversed up from the support zone lying between the key support level 0.84000 (which stopped wave 4 in May), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from March. The upward reversal from the support level 0.84000 stopped the earlier waves…

EURUSD currency pair continues to fall inside the active minor impulse wave 3, which previously broke through the two powerful support levels - 1.03600 (former monthly low from May and June) and then the support level 1.02000. The price level 1.02000 then served as the resistance in the subsequent two…

USDCHF currency pair continues to rise in the active minor impulse wave 5, which started earlier from the powerful support level 0.95500 (former monthly low from May, as can be seen from the daily USDCHF chart below). The price earlier broke the resistance level 0.98000 – which added to the…

NZDJPY continues to rise in the active minor impulse wave 3, which started earlier from the support zone lying between the pivotal support level 83.000 (former low of wave (2) from June, as can be seen below), the lower daily Bollinger Band and by the 50% Fibonacci correction of the…

EURJPY currency pair recently reversed up with the daily Hammer from the pivotal support level 138.000(former monthly low from June, as can be seen below) – strengthened by the lower daily Bollinger Band and by the 61.8% Fibonacci correction of the upward impulse from May. The upward reversal from the…

  CADCHF recently reversed up from the key support level 0.73650 (former monthly high from January, which has been reversing the pair from last March, as can be seen below). The upward reversal from the support level 0.73650 started the active minor impulse wave C (of the higher order ABC…

  AUDCHF recently reversed up from the strong support level 0.65150 (which has been repeatedly reversing the pair from last August, as can be seen from the daily AUDCHF chart below), standing close to the lower daily Bollinger Band. The upward reversal from the support level 0.65150 started the active…

GBPJPY recently reversed up with the daily Hammer from the key support level 160.500 (which stopped wave (2) in the middle of June, as can be seen from the daily GBPJPY chart below), standing below the lower daily Bollinger Band and intersecting with the 61.8% Fibonacci correction of the upward…