NZDJPY continues to rise after the earlier breakout of the resistance level 70.800 (top of the previous short-term corrective wave (a) from the start of July). The breakout of the resistance level 70.800 accelerated the active (c)- wave of the ABC correction 2 from the middle of June. Given the…

NZDCAD recently broke above the key resistance level 0.89350 (top of the previous short-term impulse wave (iii)). The breakout of the resistance level 0.89350 continues the active (v)-wave of the extended upward impulse wave C from the middle of May. Given the strongly positive New Zealand dollar sentiment seen across…

AUDJPY recently broke above the key resistance level 75.000 (which has been steadily reversing the price from the middle of June, a can be seen below). The breakout of the resistance level 75.000 accelerated the (c)-wave of the minor ABC correction (b) from June. Given the powerful and rising bullish…

EURGBP recently reversed down from the resistance zone lying between the resistance level 0.91300, upper daily Bollinger band and the 61.8% Fibonacci correction of the previous downward ABC correction (2) from the end of June. Given the strongly bearish Euro sentiment seen today – EURGBP is likely fall further toward…

EURJPY under bullish pressure after the earlier breakout of the resistance zone lying between the resistance level 122.500, resistance trendline of the daily up channel from the end of 2018 and the 61.8% Fibonacci correction of the previous share downward impulse wave 1 from the start of June. Given the…

EURUSD recently broke though the resistance zone lying between the resistance level 1.14110 (former monthly top from June) and the resistance trendline of the wide weekly down channel from 2019. The breakout of this resistance zone accelerated the active corrective wave B. Given the strongly bullish euro sentiment seen across…

CHFJPY recently reversed up from the support level 113.300 (low of the previous correction (a) and the former resistance from June) – intersecting with the 50% Fibonacci retracement of the previous upward impulse wave (i) from last month. Given the moderately bearish yen sentiment and the powerful bullish Swiss franc…

CADCHF recently reversed down from the round resistance level 0.70000 (top  of the previous correction (ii) from the start of July) – standing near the upper daily Bollinger band. The downward reversal from this resistance level started the active impulse wave 3. Given the strongly bullish sentiment storm affecting Swiss…

Gold recently reversed up from the pivotal support level 1790.50 (former top of the daily reversal pattern Bearish Engulfing from the end of June and the bottom of the previous correction (a) from the middle of July). Given the strength of the uptrend that can be seen on the daily…

WTI recently approached the key resistance level 41.50 (top of the previous correction A from last month and the upper boundary of the sharp downward gap which was formed at the start of March) – standing near the upper daily Bollinger Band. Given the overbought daily Stochastic and the strength…