NZDCAD recently reversed down from the resistance zone lying between the long-term resistance level 0.89000 (top of the previous weekly Shooting Star from the middle of 2019) and the upper daily Bollinger Band. Given the overbought daily Stochastic and the strongly bearish New Zealand dollar sentiment seen across the currency…

GBPCAD recently broke below the key support level 1.70250 (which was set as the likely downward target in our earlier forecast for this currency pair). The breakout of the support level 1.70250 continues the active minor corrective wave 2 from the start of July. Given the moderate bearish sentiment affecting…

CADCHF recently reversed up from support zone lying between the strong support level 0.69000 (which has been reversing the price from the end of May) and the lower daily Bollinger Band. The upward reversal from this support level stopped the previous short-term downward impulse sequence 3. With the powerful bearish…

AUDCAD continues to rise inside the weekly wave (B) – which previously broke above the key resistance level 0.94400 (top of the previous wave A from the end of May). The breakout of the resistance level 0.94400 intensified the bullish pressure on this currency pair – which is affecting AUDCAD…

EURGBP recently reversed up with the daily Morning Star from the support area lying between the key support level 1.55400, lower daily Bollinger Band and the 50% Fibonacci correction of the previous upward impulse wave (1) from the end of April. Given the strong bearish sterling sentiment seen across the…

EURCAD continues to rise after the earlier breakout of the key resistance level 1.54000 (former monthly double top from June), intersecting with the 38.2% Fibonacci correction of the previous downward ABC correction 2 from the middle of March. Given the powerful bullish sentiment affecting the euro – coupled with the…

GBPCAD continues to fall after the earlier downward reversal from the pivotal resistance level 1.71800 (monthly low from April and the monthly high from June), intersecting with the upper daily Bollinger Band and the 50% Fibonacci correction of the previous downward ABC correction (2) from April to June. Given the…

USDCHF continues to rise after the earlier upward reversal from the key support level 0.93800 (monthly low from the start of June) – strengthened by the upper daily Bollinger Band. The upward reversal from this resistance level started the active short-term correction (ii). Given the strongly bearish sentiment storm affecting…

CHFJPY recently reversed down from the resistance zone located between the key resistance level 114.500 (monthly high from the start of June) and the upper daily Bollinger Band. The downward reversal from this resistance zone started the active short-term correction (ii). Given the powerful bullish sentiment storm affecting yen today…

AUDNZD today broke below the key support level 1.05850 (which has been reversing the price from the start of May, as can be seen from the daily AUDNZD chart below). The breakout of the support level 1.05850 follows the earlier breakout of the 38.2% Fibonacci correction of the previous impulse…