Elliott Wave Daily

As the single currency has remained under pressure after this week’s selloff, adding credence to our view that top has been formed at 0.8788 and downside bias remains for the fall from there to b...

Elliott Wave Daily

As the single currency has recovered after holding above support at 119.01 (this week’s low), suggesting consolidation above this level would be seen and corrective bounce to 120.00 cannot be rul...

Elliott Wave Daily

The single currency ran into renewed selling interest at 0.8735 and has dropped sharply, support at 0.8605 was penetrated, adding credence to our view that top has been formed at 0.8788 and downsid...

Elliott Wave Daily

Current break of indicated support at 1.3326 signals the rebound from 1.3264 has ended and bearishness remains for test of this support, below there would add credence to our view that top has been...

Elliott Wave Daily

As the single currency finally resumed recent decline from 122.89 and bearishness remains for further weakness to 118.80 and later test of support at 118.67, however, break there is needed to retai...

Elliott Wave Daily

Although the greenback retreated after meeting resistance at 1.3415 yesterday and weakness to 1.3326 support cannot be ruled out, break there is needed to revive bearishness, bring retest of said l...

Elliott Wave Daily

Although the single currency edged higher again, lack of follow through buying and the subsequent retreat from 120.44 suggest further consolidation is in store, near term upside risk remains for th...