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Elliott Wave Daily

The greenback has continued trading defensively after recent selloff, adding credence to our view that recent downtrend is still in progress, we took the count that wave v as well as wave (C) ended...

Elliott Wave Daily

Although cable has recovered after finding support at 1.29\33 yesterday and consolidation above this level would be seen today, if our view that a temporary top is possibly formed at 1.3126 is corr...

Elliott Wave Daily

Sterling has fallen again after brief recovery, adding credence to our view that further consolidation below last week’s high at 147.75 would be seen and mild downside bias remains for retracemen...

Elliott Wave Daily

Although euro’s rebound turned out to be stronger than expected and upside risk is seen for a retest of recent high at 130.77, however, break there is needed to retain bullishness and signal rece...

Elliott Wave Daily

As aussie met renewed selling interest at 0.7970 and has retreated again, retaining our view that further consolidation below this week’s high of 0.7990 would be seen and initial downside risk re...

Elliott Wave Daily

As the single currency has risen again after finding support at 0.8829, suggesting near term upside risk remains and gain to resistance at 0.8950 cannot be ruled out, however, beak there is needed ...

Elliott Wave Daily

The greenback has remained under pressure, suggesting recent downtrend is still in progress, adding credence to our bearish view and we took the count that wave v as well as wave (C) ended at 1.379...

Elliott Wave Daily

Cable’s retreat after early brie rise to 1.3126 has retained our view that a temporary top is possibly formed there and consolidation below this level is seen with mild downside bias for weakness...

Elliott Wave Daily

Sterling’s retreat after rising to 147.60 earlier this week suggests further consolidation below last week’s high at 147.75 would be seen and mild downside bias remains for for test of 145.30 s...

Elliott Wave Daily

Although the single currency has rebounded after holding above indicated previous support at 128.49, suggesting further consolidation would be seen and gain to 129.50 cannot be ruled out, however, ...

Elliott Wave Daily

As aussie has retreated after rising to 0.7990, suggesting a minor top is possibly formed there and consolidation with initial downside bias is for correction to 0.7840-50, however, reckon downside...

Elliott Wave Daily

Although the single currency retreated after rising briefly to 0.8950 last week, as euro found support at 0.8743 and has staged a strong rebound, suggesting further choppy trading would be seen but...

Elliott Wave Daily

The greenback only recovered to 1.2944 before dropping again, adding credence to our bearish view and we took the count that wave v as well as wave (C) ended at 1.3794 and impulsive wave (i ii, i i...

Elliott Wave Daily




Although cable resumed recent rise as suggested in our previous update (we recommended to buy at 1.2835 and a long position was entered, indicated upside target at 1.3000 was met as well w...

Elliott Wave Daily

Although sterling rose to 147.60 earlier this week, the subsequent retreat after faltering below last week’s high at 147.75 suggests further consolidation below this level would be seen with mild...

Elliott Wave Daily

Although the single currency recovered after finding support 128.49, as euro has retreated after meeting resistance at 129.75, suggesting consolidation below this level would be seen and weakness t...

Elliott Wave Daily

Although aussie retreated earlier this month to 0.7571, renewed buying interest emerged there and the pair has rallied since, signaling recent upmove has resumed and some sort of impulsive waves (1...

Elliott Wave Daily

As the greenback has fallen again after brief recovery, suggesting recent selloff from 1.3794 top (wave c of larger degree wave b top) is still in progress and bearishness remains for further decli...

Elliott Wave Daily

Although sterling found support at 1.2893 earlier this week and recovered, reckon upside would be limited to 1.2985-90 and near term downside risk remains for the retreat from 1.3030 to bring retra...

Elliott Wave Daily

As sterling has surged again after brief pullback, adding credence to our bullish count that recent upmove is still in progress and upside bias remains for further gain to 147.50-60, then towards r...