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Elliott Wave Daily

As the greenback has remained under pressure, suggesting recent selloff from 1.3794 top would resume after consolidation and although recovery to 1.3000, then 1.3015 cannot be ruled out, reckon ups...

Elliott Wave Daily

Although sterling recovered after falling to 1.2893 yesterday, reckon upside would be limited to 1.2975-80 and near term downside risk remains for the retreat from 1.3030 to bring retracement of re...

Elliott Wave Daily

As sterling has continued trading with a firm undertone after recent rally, adding credence to our bullish count for the upmove to extend further gain to 147.10 (previous resistance), having said t...

Elliott Wave Daily

Euro’s retreat after brief rise to 129.09 (yesterday’s high) suggests consolidation below this level would be seen and pullback to 128.00, then 127.50 is likely, however, reckon 127.00 would li...

Elliott Wave Daily

Although aussie has recovered after falling to 0.7571 and consolidation above this level would be seen, if our view that top has been formed at 0.7712 is correct, upside should be limited to 0.7650...

Elliott Wave Daily

Despite last week’s brief rise to 0.8882, the subsequent retreat has retained our view that a temporary top is possibly formed there and few days of consolidation would be seen with mild downside...

Elliott Wave Daily

As the greenback has rebounded after brief fall to 1.2912, suggesting at least a minor wave iii trough was formed there, hence consolidation with initial upside bias is seen for test of resistance ...

Elliott Wave Daily

The single currency only recovered to 1.4980 (we recommended to sell at 1.5000 in our previous update and missed the entry) before dropping again, adding credence to our view that top has been form...

Elliott Wave Daily

Although aussie rose to as high as 0.7717 late last week, the subsequent sharp retreat from there suggests a temporary top has been formed and consolidation with initial downside bias is seen for w...

Elliott Wave Daily

As sterling has slipped again today, suggesting near term downside risk remains for the corrective fall from 1.3030 temporary top to bring retracement of recent upmove, hence weakness to previous r...

Elliott Wave Daily

As sterling has maintained a firm bias after recent rally, suggesting bullishness remains for further gain to 147.10 (previous resistance), having said that, loss of near term upward momentum shoul...

Elliott Wave Daily

Although the single currency has continued edging higher after resuming recent upmove and further gain to 129.50-60 cannot be ruled out, loss of near term upward momentum should prevent sharp move ...

Elliott Wave Daily

Yesterday’s selloff suggests suggests top has possibly been formed at 0.7712 and consolidation with mild downside bias is seen for test of 0.7575-80, however, break there is needed to add credenc...

Elliott Wave Daily

Euro’s retreat after rising briefly to 0.8882 last week has retained our view that a temporary top is possibly formed there and few days of consolidation would be seen with mild downside bias, be...

Elliott Wave Daily

As the greenback has remained under pressure after last week’s selloff, bearishness remains for recent decline to resume after consolidation, although corrective bounce to 1.3045-50 and possibly ...

Elliott Wave Daily

Sterling’s retreat after faltering below last week’s high at 1.3030 has retained our view that minor consolidation below this level would be seen and pullback to support at 1.2916 is likely, ho...

Elliott Wave Daily

As sterling has eased after rising marginally to 146.90, suggesting minor consolidation below this level would be seen and pullback to 145.65-70 cannot be ruled out, however, reckon previous suppor...

Elliott Wave Daily

Although the single currency resumed recent upmove, lack of follow through buying on break of previous resistance at 128.83 (last week’s high) suggests consolidation would be seen and pullback to...

Elliott Wave Daily

Aussie’s retreat after rising to 0.7712 suggests top has possibly been formed there and consolidation with mild downside bias is seen for test of 0.7575-80, however, break there is needed to sign...

Elliott Wave Daily

As the single currency has retreated after rising briefly to 0.8882 last week, retaining our view that a temporary top is possibly formed there and few days of consolidation would be seen with mild...

Elliott Wave Daily

As the greenback has recovered after falling to 1.2946 on Friday, suggesting minor consolidation would be seen and corrective bounce to 1.3045-50 and possibly 1.3080 is likely, however, reckon 1.31...