AUDNZD recently broke the support area lying between the key support level 1.08250 (which also stopped the previous short-term impulse (a)) and the 50% Fibonacci retracement of the upward impulse from the start of July. Given the clear bearish sentiment affecting the Australian dollar today - AUDNZD is likely to…

CHFJPY continues to fall after the earlier breakout of the support area lying between the key support level 115.000 (which also stopped the previous short-term correction (a)) and the 38.2% Fibonacci correction of the upward impulse from June. The breakout of the aforementioned support area accelerated the active minor impulse…

WTI recently reversed up from the support area lying between the key support level 37.000 (which also stopped the previous short-term correction 4 in June), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from May. The upward reversal from the aforementioned support area stared the…

EURJPY recently broke sharply through the support area lying between the strong support level 124.30 (which has been reversing the price from the start of August) - coinciding with the 38.2% Fibonacci correction of the upward impulse wave (1) from July. Given strengthening bullish sentiment affecting the yen today, coupled…

CADJPY continues to fall inside the short-term correction C which previously broke through the support level 79.800 (which stopped the A wave of the active ABC correction (2) at the start of September) - coinciding with the 50% Fibonacci correction of the upward impulse wave (1) from July. Given continued…

EURGBP continues to fall inside the short-term correction (b) which started earlier from the resistance level 0.93000, coinciding with the resistance trendline from the wide daily up channel from May. The active corrective wave (b) belongs to the impulse wave 3 from the start of September. Given the strong bullish…

NZDUSD continues to rise inside the short-term impulse wave 3 which started earlier from the support level 0.66300 (former resistance from August), coinciding with the support trendline from the middle of May. The active impulse wave 3 belongs to the impulse wave (C) from last month. Given the predominant daily…

AUDCAD continues to rise inside the short-term corrective wave (ii) – which started earlier from the support level 0.95000. The active wave (ii) is aligned with the predominant daily uptrend from March of this year. Given the strong daily uptrend and the strengthening bullish Australian dollar sentiment seen across the…

GBPCAD recently reversed up from the powerful support level 1.68000 (which also reversed the price twice in June) - standing well beyond the lower daily Bollinger Band. The upward reversal from this support level started the active impulse wave 3. Given the rising bullish Sterling sentiment seen across the currency…

GBPUSD today reversed up from the powerful support level 1.27750 (former multi-month resistance from the start of June), standing near the lower daily Bollinger Band and the 38.2% Fibonacci retracement of the upward impulse from March. Given the oversold daily Stochastic and the strongly bullish Sterling sentiment seen across the…