AUDJPY recently reversed up from the support area located between the strong long-term support level 73.000 (which reversed the price twice in June), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward price impulse from April. Given the clear daily uptrend and the strongly bullish Australian dollar…

CADJPY under bullish pressure after the earlier upward reversal from the support area located between the strong long-term support level 78.000 (which has been reversing the price from the middle of June) and the lower daily Bollinger Band. Given the predominantly bearish yen sentiment seen across the currency markets today,…

USDCHF recently reversed up with the Japanese candlesticks reversal pattern Bullish Engulfing from the support area located between the key support level 0.90400 (which has been reversing the price from the start of August) and the lower daily Bollinger Band. Given the earlier breakout of the daily down channel from…

AUDUSD recently reversed up with the Japanese candlesticks reversal pattern Doji from the support area located between the key support level 0.70000 (former resistance from June, which has been reversing the price from the end of September), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse…

CADCHF recently reversed up with the Japanese candlesticks reversal pattern Bullish Engulfing from the support area located between the support levels 0.68600 and 0.68400 (which have been reversing the price from the middle of August) and the lower daily Bollinger Band. Given the continuation of the bullish Canadian dollar seen…

Gold recently reversed up with the Doji candlesticks reversal pattern from the support area located between the support level 1860.00 (which has been reversing the price from August), lower daily Bollinger Band and the 50% Fibonacci correction of the upward price impulse from the start of June. Given the clear…

NZDUSD recently reversed down with the Bearish Engulfing candlesticks reversal pattern from the resistance area located between the resistance level 0.66850 (top of the previous wave (i)), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward price impulse from the middle of September. Given the continuation of…

WTI under bearish pressure after the earlier breakout of the support area located between the support level 36.950 (low of the previous waves A and (b)) and the 38.2% Fibonacci correction of the extended upward price impulse from the start of May. Given the rising risk-off sentiment seen across the…

EURJPY continues to fall inside the short-term impulse wave (iii), which previously broke the support area located between the support level 122.600 (low of wave 1 from the end of September) and the 38.2% Fibonacci correction of the upward impulse wave from May. Given the strengthening bearish euro sentiment seen…

GBPUSD continues to fall inside the intermediate impulse wave (3), which started earlier from the resistance area located between the resistance level 1.30800 (top of wave A from the start of October), upper daily Bollinger Band and the 61.8% Fibonacci correction of the sharp impulse wave (1). Given the strengthening…