Elliott Wave Daily

The single currency has continued edging higher and broke above indicated previous resistance at 0.8512, dampening our bearishness and signal temporary low has been formed at 0.8312, hence near ter...

Elliott Wave Daily

Although cable has rebounded again and test of indicated minor resistance at 1.2859 is likely, break there is needed to the pullback from 1.2906 has ended instead, bring further gain to 1.2870, the...

Elliott Wave Daily

Although sterling has rebounded again after finding support at 140.10 and near term upside risk remains for gain to 142.00, break of resistance at 142.10 is needed to confirm recent upmove from 135...

Elliott Wave Daily

Despite yesterday’s rally to 120.88, the subsequent retreat suggests consolidation would be seen and pullback to 119.50-60 cannot be ruled out, however, reckon downside would be limited to 118.92...

Elliott Wave Daily

Despite yesterday’s initial strong rebound to 0.7592, the subsequent retreat has retained our view that further consolidation would take place and weakness towards 0.7491 cannot be ruled out, how...

Elliott Wave Daily

Although cable staged a brief bounce to 1.2858, as price has retreated after failing to penetrate minor resistance at 1.2859, retaining our view that further consolidation below last week’s high ...

Elliott Wave Daily

Although sterling did surge in line with our previous bullishness and price rose to as high as 142.10 earlier today, the subsequent retreat suggests consolidation below this level would be seen and...

Elliott Wave Daily

The single currency opened sharply higher today on risk appetite, signaling a temporary low has been formed at 114.85 early last week, hence gain to 121.00 cannot be ruled out, however, as the low ...

Elliott Wave Daily

As aussie found good support at 0.7491 and has staged a strong rebound from there, retaining our view that further consolidation above this month’s low at 0.7473 would be seen and another bounce ...