Elliott Wave Daily

As sterling has surged again today, dampening our near term bearishness and suggesting a temporary low has been formed at 1.2589 earlier this week, hence upside risk remains for this rebound from t...

Elliott Wave Daily

Although sterling found support at 139.85 earlier this week and has rebounded, a break above 141.75-80 is needed to revive bullishness and signal the retreat from 142.50 has ended, bring another te...

Elliott Wave Daily

Although the single currency rebounded to 0.8846 yesterday, the subsequent retreat has retained our view that further consolidation below recent high at 0.8866 would be seen and another corrective ...

Elliott Wave Daily

As the greenback has retreated after running into resistance at 1.3348, suggesting top has possibly been formed there and consolidation with downside bias is seen for weakness to 1.3191 support, ho...

Elliott Wave Daily

Although sterling rebounded after finding support at 139.85 yesterday, break of 141.75-80 is needed to revive bullishness and signal the retreat from 142.50 has ended, bring another test of this le...

Elliott Wave Daily

As the single currency has retreated after meeting resistance at 0.8846 today, retaining our view that further consolidation below recent high at 0.8866 would be seen and another retreat to 0.8740-...

Elliott Wave Daily

Current rebound from 1.3191 has retained our view that further consolidation above 1.3165 support (last week’s low) would be seen and another bounce to 1.3330 cannot be ruled out, however, as thi...

Elliott Wave Daily

Yesterday’s selloff together with the breach of previous support at 1.2635 add credence to our view that recent decline from 1.3048 top has resumed and bearishness remains for this move to bring ...

Elliott Wave Daily

Sterling’s selloff after meeting strong resistance at 142.50 dampened our bullishness and suggests the rebound from 138.70 has ended there and downside risk remains for weakness towards support a...

Elliott Wave Daily

Although the single currency has rebounded after finding support at 0.8719 and retest of recent high at 0.8866 cannot be ruled out, break there is needed to confirm recent erratic upmove from 0.830...

Elliott Wave Daily

As the greenback found support at 1.3191 and has rebounded, retaining our view that further consolidation above 1.3165 support (last week’s low) would be seen and another bounce to 1.3308, above ...

Elliott Wave Daily

Sterling has retreated after faltering below indicated resistance at 1.2818, retaining our bearishness and suggesting the rebound from 1.2635 has ended at 1.2818, hence consolidation with downside ...