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...

Elliott Wave Daily

As aussie may resistance at 0.8028 earlier this week and retreated, retaining our view that consolidation below this level would be seen and pullback to 0.7950 cannot be ruled out, however, still r...

Elliott Wave Daily

As euro’s retreat from 0.9307 (last week’s high) has kept price under pressure, adding credence to our view that temporary top has possibly been formed there and consolidation with mild downsid...

Elliott Wave Daily

Current selloff adds credence to our bearish view that recent decline is still in progress and downside bias remains for this wave v of larger degree wave iii to extend weakness to 1.2125-30, then ...

Elliott Wave Daily

As cable has surged again after finding renewed buying interest at 1.2909 yesterday, adding credence to our view that the fall from 1.3269 has ended at 1.2774 and mild upside bias remains for this ...

Elliott Wave Daily

As sterling has recovered again after holding above support at 141.40, retaining our view that further consolidation above this month’s low at 141.20 would be seen and corrective bounce to 142.20...

Elliott Wave Daily

Although the single currency has recovered after finding support at 129.37 and consolidation with initial upside bias is seen for gain to 130.00, however, reckon upside would be limited to 130.25-3...

Elliott Wave Daily

Although aussie rose to as high as 0.8028 yesterday, lack of follow through buying and the subsequent retreat suggest consolidation below this level would be seen and pullback to 0.7950 cannot be r...

Elliott Wave Daily

Euro’s retreat after rising to 0.9307 last week suggests consolidation below this level would be seen and reckon 0.9250-60 would limit upside, bring another decline to 0.9148-50 (38.2% Fibonacci ...

Elliott Wave Daily

Although the greenback recovered after falling to 1.2340 on Friday, reckon upside would be limited to 1.2420-25 and renewed selling interest should emerge around 1.2490-00, bring another decline, b...

Elliott Wave Daily

Cable’s retreat after Friday’s brief rise to 1.2996 suggests minor consolidation would be seen and pullback to 1.2900-05 cannot be ruled out, however, reckon downside would be limited to 1.2880...

Elliott Wave Daily

Despite rising to 143.00 on Friday, lack of follow through buying on break of previous resistance at 142.90 and the subsequent retreat suggest top has possibly been formed there and downside risk i...

Elliott Wave Daily

As the single currency has fallen again today after meeting renewed selling interest at 130.71 yesterday, suggesting near term downside risk remains for the retreat from 131.71 top to bring test of...

Elliott Wave Daily

Although aussie found support at 0.7938 and rebounded, break of 0.8000 level is needed to would revive bullishness and signal the pullback from 0.8066 has ended earlier at 0.7808, hence upside bias...

Elliott Wave Daily

Although the single currency has rebounded after finding support at 0.9150 and consolidation above this level is seen with mild upside bias for recovery to 0.9220-25, then 0.9245-50, if our view th...

Elliott Wave Daily

As the greenback has recovered after falling to 1.2340 on Friday, suggesting minor consolidation would be seen and recovery to 1.2450-55 is likely, however, as last week’s breach of previous supp...

Elliott Wave Daily

As cable has retreated after Friday’s brief rise to 1.2996, suggesting minor consolidation would be seen and pullback to 1.2900-05 cannot be ruled out, however, reckon downside would be limited t...

Elliott Wave Daily

Despite rising to 0.7995 on Friday, as aussie has retreated again after faltering below resistance at 0.7996, suggesting further choppy trading within recent established broad range would take plac...