AUDUSD recently broke the resistance area lying between the key resistance level 0.71900 (former support from the start of September) and the 38.2% Fibonacci correction of the previous downward impulse from the end of August. Given the growing Australian dollar sentiment seen across the currency markets today - AUDUSD is…

EURUSD recently reversed down from the resistance area lying between the key resistance level 1.17450 (former support from August and September) and the 38.2% Fibonacci correction of the previous downward impulse from the start of September. Given the growing bearish euro sentiment seen across the currency markets today - EURUSD…

AUDCHF recently reversed up from the support area lying between the key support level 0.65000 (which has been repeatedly reversing the price from June), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse (C) from May. Given the moderately bullish Australian dollar sentiment seen across the…

CHFJPY recently reversed up from the support area lying between the pivotal support level 113.300 (which formed the daily Morning Star in the middle of June), intersecting with the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from May. Given the strong bullish Swiss franc…

AUDUSD recently reversed up from the key round support level 0.70000 (former strong resistance from June), intersecting with the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from June. Given the strong bullish AUD sentiment seen across the FX markets today - AUDUSD is likely…

GBPCAD today broke the resistance level 1.71300 (which previously reversed the price with the daily candlesticks pattern Long-legged Doji at the start of this month). The breakout of this resistance level should accelerate the active impulse wave 3. Given the strong bullish sterling sentiment seen across the FX markets today…

AUDCAD recently reversed up from the combined support zone located between the key support level 0.94200 (former monthly low from August) and the lower daily Bollinger Band – which stopped the previous impulse wave C. Given the clear multi-month uptrend and the moderately bearish Canadian dollar sentiment - AUDCAD is…

Gold is currently treading close to the combined support zone located between the key support level 1860.00 (former monthly low from August), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from June. Given the clear longer-term uptrend - Gold is likely to reverse up from…

USDCHF continues to rise after the earlier breakout of the key resistance zone located between the support level 0.91850 (which has been steadily reversing the pair from the start of August, as can be seen below) and the 38.2% Fibonacci correction of the downward impulse from July. USDCHF is likely…

NZDJPY recently reversed up with the daily candlesticks pattern Doji from the support zone located between the support level 68.750 (former low of the previous minor correction A from the middle of August) and the lower daily Bollinger Band. Given the moderately bullish sentiment affecting the New Zealand today -…