Elliott Wave Daily

Although cable’s retreat from 1.3048 turned out to be much deeper than expected, as sterling found good support at 1.2889 and has staged another strong rebound, suggesting consolidation with mild...

Elliott Wave Daily

Although sterling fell marginally to 143.40 yesterday, lack of follow through selling and the subsequent rebound suggest consolidation above this level would be seen and gain to 145.30-35 cannot be...

Elliott Wave Daily

Although the sharp retreat from 125.82 to 122.56 (yesterday’s low) suggests a temporary top has possibly been formed there, as euro found support there and has rebounded, suggesting consolidation...

Elliott Wave Daily

Although aussie has retreated after rising to 0.7467, if our view that low has been formed at 0.7329 is correct, downside should be limited to 0.7400 and renewed buying interest should emerge aroun...

Elliott Wave Daily

As the greenback has retreated after meeting resistance at 1.3670, retaining our view that further sideways trading would be seen and near term downside risk remains for the fall from 1.3794 top to...

Elliott Wave Daily

Current rally above indicated psychological level of 1.3000 confirms recent upmove has resumed and bullishness is seen for further gain to 1.3075-80, then 1.3100-10, however, near term overbought c...

Elliott Wave Daily

Sterling’s retreat from 148.10 turned out to be stronger-than-expected, dampening our bullishness and suggesting a temporary top has been formed there, hence downside risk is seen for the correct...

Elliott Wave Daily

As the single currency finally retreated after rising to 125.82 earlier this week, retaining our view that consolidation below this level would be seen and initial downside risk remains for weaknes...

Elliott Wave Daily

As aussie has risen again after brief pullback, adding credence to our view that a temporary low is possibly formed at 0.9329 and consolidation with mild upside bias is seen for further gain to 0.7...

Elliott Wave Daily

As the single currency has eased after rising to 0.8615, suggesting minor consolidation below this level would be seen and pullback to 0.8550 is likely, however, reckon 0.8525-30 would contain down...

Elliott Wave Daily

This week’s decline has retained our view that near term downside risk remains for the fall from 1.3794 top to bring retracement of recent rise, hence weakness to 1.3575-80 would be seen, however...