Elliott Wave Daily

Cable only eased to 1.3161 before finding renewed buying interest and sterling has surged again today, current breach of previous chart resistance at 1.3269 confirms medium term upmove has resumed,...

Elliott Wave Daily

As sterling’s upmove has accelerated after breaking above resistance at 143.00, suggesting the entire a-b-c correction from 147.75 ha ended at 139.35 and bullishness remains for this rise from 13...

Elliott Wave Daily

Euro’s rebound from 129.46 turned out to be much stronger-than-expected, dampening our bearishness and the breach of previous resistance at 131.09 suggests the retreat from 131.71 has possibly en...

Elliott Wave Daily

Aussie’s retreat after rising to 0.8125 last week suggests a minor top has possibly been formed there and consolidation below this level would be seen with mild downside bias, below 0.7995-00 wou...

Elliott Wave Daily

As the single currency has fallen again after brief recovery, adding credence to our view that the fall from 0.9307 is still in progress and mild downside bias remains for this move from temporary ...

Elliott Wave Daily

As the greenback has rebounded again after finding support at 1.2097, retaining our view that further consolidation above last week’s low at 1.2061 would take place and another bounce to 1.2200 c...

Elliott Wave Daily

As cable has maintained a firm undertone after last week’s rally, suggesting bullishness remains for the rise from 1.2774 to extend gain towards recent high at 1.3269, however, break there is nee...

Elliott Wave Daily

As sterling opened higher today and broke above previous resistance at 143.00, signaling the rise from 139.35 has resumed and may extend further gain to 143.30-35, break there would encourage for a...

Elliott Wave Daily

As the single currency has slipped again after brief bounce to 0.9203, suggesting the fall from 0.9307 is still in progress and mild downside bias remains for this move from temporary top of 0.9307...

Elliott Wave Daily

As the greenback has recovered after falling to 1.2061, suggesting consolidation above this level would be seen and gain to 1.2200 cannot be ruled out, however, reckon resistance at 1.2245 would li...

Elliott Wave Daily

As cable has rallied this week and broke above 1.13100 level, adding credence to our bullish view that the rise from 1.2774 is still in progress and bullishness remains for this move to extend furt...

Elliott Wave Daily

Sterling continued meeting strong resistance around 142.65 this week and has retreated, retaining our view that further consolidation would be seen and test of support at 141.20 is likely, however,...

Elliott Wave Daily

As aussie has surged in part due to broad-based weakness in the greenback and the breach of previous resistance at 0.8066 (wave iii top) confirms recent upmove has resumed and current wave v may ex...

Elliott Wave Daily

As the single currency has remained weak after retreating from last week’s high of 0.9307, adding credence to our view that temporary top has possibly been formed there and consolidation with mil...

Elliott Wave Daily

As the greenback has remained under pressure after yesterday’s selloff on surprise rate hike, adding credence to our bearish view that recent decline is still in progress and downside bias remain...

Elliott Wave Daily

As cable has retreated after rising to indicated upside target at 1.3082 (approx. 61.8% Fibonacci retracement of 1.3269-1.2774), suggesting consolidation below this level would be seen and pullback...

Elliott Wave Daily

Despite staging a strong rebound to 142.65 yesterday, the subsequent retreat has retained our view that further consolidation would be seen and only a firm break of said resistance would signal the...