NZDCAD recently reversed up from the support area located between the key support level 0.87000, lower support trendline of the daily down channel from September and the lower daily Bollinger Band. Given the bullish sentiment affecting New Zealand dollar today, NZDCAD is likely to rise further toward the next resistance…

CADJPY continues to rise inside the minor impulse wave 3 which previously broke the resistance area lying between the key round resistance level 80.000 (former support from the start of September) and the 50% Fibonacci correction of the downward ABC correction (2) from August. Given the bullish sentiment affecting Canadian…

EURCAD continues to fall after the earlier breakout of the support area lying between the key support level 1.55400 (which reversed the price multiple times in September) and the lower support trendline of the daily up channel from June. Given the strengthening bullish Canadian dollar sentiment seen across the FX…

NZDCAD recently reversed up with the daily Bullish Engulfing from the support area lying between the key support level 0.87000 (former low of wave (a) from the end of September) and the lower daily Bollinger Band. The upward reversal from this support area started the active impulse wave 3. Given…

USDJPY recently reversed down with the daily Evening Star from the resistance area lying between the key resistance level 106.14 (former multiday resistance from September), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse (1) from June. Given the clear dally downtrend and the rising bullish…

GBPNZD recently reversed down from the resistance area located between the resistance level 1.97000 (top of the previous Bearish Engulfing from September), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse (1) from August. Given the moderately bearish sterling sentiment seen across the currency markets today,…

NZDCHF recently reversed up from the support area located between the key support level 0.60000 (low of the previous impulse wave (i) from September), lower daily Bollinger Band and the support trendline of the daily Triangle from May. Given the strengthening bearish NZD sentiment seen across the FX markets today, NZDCHF…

EURNZD recently reversed down from the resistance area lying between the key resistance level 1.790 (top of the previous A-wave from September), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse (1) from August. Given the strength of this resistance support area and the bearish NZD sentiment,…

WTI continues to fall inside the short-term impulse wave (iii), which started earlier from the support area lying between the key support level 37.00 (low of the previous B-wave from September), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from May. Given the strength of…

USDCAD continues to fall inside the short-term corrective wave (ii), which previously broke the support trendline of the daily up channel from the start of September. The breakout of this up channel strengthened the bearish pressure on this currency pair. Given the clear daily downtrend and moderately bullish Canadian dollar…