EURAUD recently reversed down from the resistance area located between the long-term resistance level 1.65400 (which has been reversing the price from the start of June, as can be seen below) and the upper daily Bollinger Band. Given the rising bullish Australian dollar sentiment seen across the currency markets today,…

USDJPY recently reversed up with the daily Hammer from the key support level 105.00 – which started the active short-term impulse wave (c). The price earlier broke the resistance trendline of the daily down channel from June – which added to the bullish pressure on USDJPY. Given the rising bullish…

AUDCHF recently reversed up from the support area lying between the key support level 0.65000 (which has been reversing the price from June), lower daily Bollinger Band and the 32.8% Fibonacci correction of the previous upward impulse from the start of May. Given the bullish Australian dollar sentiment seen across…

EURUSD continues to rise inside the impulse wave (i) which previously broke the resistance area lying between the key resistance level 1.17650 (former strong support from September and Augusts) and the 32.8% Fibonacci correction of the previous downward ABC correction (2) from the start of September. Given the predominantly bullish…

EURCAD continues to rise inside the impulse wave 3 which started earlier from the support area lying between the key support level 1.55400 (which has been reversing the price from the middle of September), lower daily Bollinger band and the 61.8% Fibonacci correction of the previous upward impulse 1 from…

WTI continues to fall inside the short-term impulse wave (iii) of the minor impulse wave C, which belongs to the ABC correction (B) from the end of August. The price is currently trading near the key support level 36.650 (which stopped the previous (A)-wave at the start of September. Given…

CHFJPY recently reversed down from resistance area lying between the key resistance level 115.150 (former support from the start of September, which stopped earlier wave (a)) and the 38.2% Fibonacci correction of the previous ABC correction (a). Given the strongly bullish yen sentiment seen across the FX markets today, CHFJPY…

EURGBP recently reversed down from the resistance level 0.91000 (former support from the middle of September, which stopped earlier wave (a)). The downward reversal from this resistance level continues the active short term impulse wave (c) of the ABC correction (ii) from last month. Given the predominantly bullish Sterling sentiment…

EURAUD continues to fall after the previous downward reversal from resistance area lying between the multi- month resistance level 1.65400 (which has been reversing the price from the start of June) and the upper daily Bollinger Band. Given the strong bullish sentiment affecting the Australian dollar today, coupled with the…

NZDUSD continues to rise inside the short-term impulse wave 3 which started earlier from the support area lying between the pivotal support level 0.65200 (which has been reversing the price from the start of July), lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous upward impulse from…