Elliott Wave Daily

The single currency has rebounded this week, suggesting further consolidation above last week’s low at 0.8774 would be seen and corrective bounce to 0.8907-10 is likely, however, reckon upside wo...

Elliott Wave Daily

The greenback has jumped again today and broke above resistance at 1.2240, suggesting a temporary low has possibly been formed at 1.2061 earlier and upside risk remains the rebound from there to br...

Elliott Wave Daily

Although cable bounced to 1.3552, renewed selling emerged there and has slipped again, suggesting consolidation below yesterday’s high of 1.3619 would be seen and retracement to 1.3440-50 is like...

Elliott Wave Daily

Although sterling rose to 151.55 again today, failure to penetrate this level and current retreat suggest consolidation would be seen and as long as said resistance holds, mild downside bias is for...

Elliott Wave Daily

As the single currency has surged again after brief pullback, adding credence to our view that recent upmove is still in progress and bullishness remains for further gain to 134.50-60, then towards...

Elliott Wave Daily

Although aussie fell briefly to 0.7940, the subsequent rebound suggests further consolidation would be seen and recovery to 0.8040-45 cannot be rule out, however, if our view that temporary top has...

Elliott Wave Daily

The single currency recovered after falling to 0.8774 on Friday, suggesting minor consolidation above this level would be seen and corrective bounce to 0.8850-60 is likely, however, reckon upside w...

Elliott Wave Daily

Although cable rise briefly to 1.3619 earlier today, lack of follow through  buying on break of Friday’s high at 1.3617 and current retreat suggest consolidation below said resistance would take...

Elliott Wave Daily

As sterling has retreated after faltering below last week’s high at 151.55, suggesting further consolidation below this level would be seen and pullback to 150.00-10 cannot be ruled out, however,...

Elliott Wave Daily

Although the single currency rose briefly above last week’s high of 133.09, lack of follow through buying and current retreat from 133.12 suggest consolidation below this level would be seen and ...

Elliott Wave Daily

Although aussie found support at 0.7956 last week and rebounded, if our view that temporary top has been formed at 0.8125 is correct, upside would be limited to 0.8080-90 and bring another decline,...

Elliott Wave Daily

The single currency extended yesterday selloff and dropped to as low as 0.8774, suggesting the reversal from 0.9307 top is still in progress and bearishness remains for this fall to extend weakness...

Elliott Wave Daily

Cable only retreated to 1.3153 (missed our long entry at 1.3140) before rallying again since late NY yesterday, we have re-labeled our preferred count (pls see the attached chart) that the wave IV ...

Elliott Wave Daily

Sterling only eased to 145.25 yesterday before staging the anticipated rally, the British pound found renewed buying interest today at 146.65 and has surged again, upmove accelerated after breaking...

Elliott Wave Daily

Although the single currency slipped to as low as 130.62, as renewed buying interest emerged there and euro has rallied above resistance t 132.01 today, reviving our bullishness and signal recent u...

Elliott Wave Daily

As aussie found support at 0.7956 yesterday and has rebounded, suggesting consolidation would be seen and corrective bounce to 0.8040-45 is likely, however, as top has been formed at 0.8125, upside...

Elliott Wave Daily

The single currency only recovered to 0.9048 and has dropped again, bearishness remains for there selloff from 0.9307 top to extend weakness to 0.8845 (50% Fibonacci retracement of 0.8384-0.9307), ...

Elliott Wave Daily

As cable has retreated after rising to 1.3329 yesterday, retaining our view that minor consolidation below this level would be seen and pullback towards support at 1.3161 is likely, however, reckon...