GBPCAD currency pair today reversed up sharply from the support area located between the key support level 1.57900 (which stopped the earlier sharp minor impulse wave (iii) at the start of May) and the lower daily Bollinger Band. The pair is currently forming the daily Morning Star - a strong…

EURCHF currency pair recently reversed up from the support area located between the key support level 1.03750 (former monthly high from April) and the 38.2% Fibonacci corrections of the upward impulse from the start of April. Given the clear daily uptrend and the bullish euro sentiment that can be seen…

EURJPY currency pair recently reversed up from the support zone located between the key support level 133.000 (the previous multi-month high from February), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from the start of March. Given the clear daily uptrend and the bullish euro…

CADCHF currency pair recently broke through the resistance zone located between the key resistance level 0.77000 (which stopped the previous impulse wave (i) at the start of May) and the upper resistance trendline of the daily up channel from March. The breakout of this resistance zone accelerated the active minor…

EURCAD currency pair recently reversed down from the resistance zone located between the key resistance level 1.37500 (which has been reversing the price from the start of April), upper daily Bollinger Band and the 50% Fibonacci retracement of the downward impulse from the start of March. The downward reversal from…

GBPCAD currency pair continues to fall after the earlier downward reversal from the resistance zone located between the key resistance level 1.60500 and the 38.2% Fibonacci correction of the earlier sharp downward impulse from the start of April. The downward reversal from this resistance zone started the active impulse wave…

EURJPY currency pair continues to fall after breaking the support zone located between the key support level 135.000 (low of the previous minor correction A from last month) and the 38.2% Fibonacci correction of the earlier sharp upward impulse from the start of March. The breakout of this support zone…

EURUSD currency pair continues to fall after breaking below the key support level 1.05000 (which has been reversing the price from the end of April). The breakout of the support level 1.05000 accelerated the active impulse waves 5 and (3) - which are aligned with the strong multi0month downtrend that…

EURGBP currency pair recently reversed down from the long-term resistance level 0.85900 (which has been reversing the price from the start of November) - strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 0.85900 stopped the earlier intermediate impulse wave (C) from the middle of…

USDJPY currency pair under the bearish pressure after the price reversed down from the key resistance level 131.150(the previous impulse wave (i) from the end of April) - strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 131.150 stopped the earlier impulse waves (iii) and…