Elliott Wave Daily

Although aussie fell quite sharply this week and dropped to as low as 0.7491, the subsequent recovery from there suggests consolidation would be seen, above 0.7550 would bring another bounce to 0.7...

Elliott Wave Daily

As the single currency has rebounded after dropping to 0.8312 earlier this week, suggesting consolidation above this level would be seen and retracement to 0.8440-50 cannot be ruled out, however, r...

Elliott Wave Daily

The greenback finally penetrated indicated previous resistance at 1.3455, adding credence to our view that the correction from 1.3535 has ended and upside bias remains for the rise from 1.3223 to e...

Elliott Wave Daily

As cable retreated after rising to 1.2906, suggesting consolidation below this level would be seen and pullback to 1.2750-57 (38.2% Fibonacci retracement of 1.2515-1.2906) is likely, however, recko...

Elliott Wave Daily

Aussie’s retreat after meeting resistance at 0.7611 earlier this week suggests consolidation with mild downside bias is seen for weakness to 0.7485-90, however, a break of indicated previous supp...

Elliott Wave Daily

The single currency has remained under pressure after yesterday’s selloff, adding credence to our bearish view that recent decline from 0.8788 is still in progress and downside bias remains for f...

Elliott Wave Daily

As the rally from 1.3223 has gathered momentum, suggesting the correction from 1.3535 has ended and above resistance at 1.3455 resistance would add credence to this view, bring further rise to 1.35...

Elliott Wave Daily

Cable rallied yesterday and broke above indicated previous resistance at 1.2706, adding credence to our view that the wave c as well as larger degree wave B has ended at 1.2109, hence impulsive wav...

Elliott Wave Daily

Sterling found renewed buying interest at 136.15 (missed our long entry at 136.00) and has rallied in line with our bullish expectation, adding credence to our view that a temporary low has been fo...