The EURUSD pair has been trading within a Channel Down pattern since the February 10 High. The 1D MA100 (green trend-line) turned into Resistance a day later and the price has been trading below it ever since. The 1D MA50 (blue trend-line) broke only marginally recently but still made a Lower High on the

  The USDRUB pair hit this week the lowest levels since June 2015, marking a remarkable turnaround for the Ruble (drop on the pair around -65%) since the March 2022 High at the peak of the Russia – Ukraine invasion. With this massive drop, the pair is getting very close to the Higher Lows trend-line

  The NZDCHF pair has hit our first macro target as illustrated on the long-term (1W time-frame) analysis posted in May: Now that the Support has been tested, we see (current chart on the 1D time-frame) a bullish reaction as the price is rebounding today. As long as the correlation with the 2017 fractal continue

  The NZDCAD pair has been trading on a Channel Down within a Bearish Megaphone pattern. Right now the price is testing the 1D MA50 (blue trend-line) as a Resistance and is struggling, trading below it since April 13. Both the 1D RSI and the candle action resembles the sequence at the start of the

  The EURNZD pair eventually entered its bullish zone as outlined by our last analysis in April: The price is now high enough within the Channel Down to justify a medium-term sell as not only did it come too close to the Lower Highs (top) trend-line but the 1D RSI is on Lower Highs after

  The EURAUD pair has been trading within a long-term Bearish Megaphone pattern but since the April 05 bottom, it has established a Channel Up on the medium-term. A similar Channel Up pattern was what took the Megaphone to its previous Lower High. In the process, the 1D MA50 (blue trend-line) has been turned into

  There isn’t much to update on the GBPAUD pair, as since our last analysis on April 21, the price has been following our plan in a very precise way: As you see, the similarities with the July – October 2020 sequence have paid off and the price action continues to follow that pattern. We

  The EURUSD pair has been trading within a Channel Down with our most recent analysis pointing to the importance of staying bearish last week as the price was testing the Lower Highs (top) trend-line of the pattern: As you see the price got heavily rejected on the 0.382 Fibonacci retracement level and is already

  The NZDJPY pair almost hit its yearly High two days ago and this 2 day rejection illustrates that this was the medium-term top. As noted in our last analysis, this is roughly replicting the March – September 2021 sequence, where the pair gave two solid sell and two buy opportunities before making a new

  The AUDCAD pair has been trading within a Channel Down pattern since the April 05 2022 High. Four days ago, it made a Lower High on the Channel Down and got rejected just below the 1D MA50 (blue trend-line), while also forming a Death Cross (when the MA50 crosses below the MA200). The 1D