Elliott Wave Daily

Although the single currency has slipped again today and near term downside risk remains for the corrective fall from 0.9307 top to extend weakness to 0.9145-49 (38.2% Fibonacci retracement of 0.88...

Elliott Wave Daily

Although current break of 1.2414 support confirms our bearish view that recent decline has resumed and may extend weakness to 1.2340, then 1.2310-15, oversold condition should limit downside and re...

Elliott Wave Daily

Cable only retreated to 1.2852 before finding renewed buying interest (missed our long entry at 1.28450 and the pair has rebounded again, suggesting the pullback from 1.2979 (this week’s high) ha...

Elliott Wave Daily

Although the British pound retreated after meeting resistance at 142.90 yesterday, as sterling did find renewed buying interest at 141.55-60 (we recommended to buy at 141.60 and a long position was...

Elliott Wave Daily

As the single currency retreated after rising to 131.71 earlier this week, suggesting consolidation below this level would be seen and pullback to 130.70 and then 130.40-45 (38.2% Fibonacci retrace...

Elliott Wave Daily

Although aussie found support at 0.7871 yesterday and staged a rebound and gain to 0.7960-70 cannot be ruled out, the pair needs to penetrate indicated resistance at 0.7996 to revive bullishness an...

Elliott Wave Daily

Euro’s retreat after yesterday’s rise to 0.9307 suggests a temporary top has been formed there and consolidation below this level would be seen with initial downside bias for correction to 0.91...

Elliott Wave Daily

Despite staging a strong rebound from 1.2441 to 1.2663, current sharp retreat suggests further choppy trading would take place and weakness to 1.2500 cannot be ruled out, however, reckon said suppo...

Elliott Wave Daily

Although cable’s retreat from this week’s high of 1.2979 has kept price under near term pressure and initial downside risk remains for weakness to 1.2840-50, if our view that low has been forme...

Elliott Wave Daily

As the British pound has surged again after staging a strong rebound from 139.35 (last week’s low), suggesting recent decline has ended there and consolidation with mild upside bias is seen for t...

Elliott Wave Daily

As the single currency has maintained a firm undertone after recent anticipated rally, reinforcing our bullish view that recent upmove has resumed and upside bias remains for this move to extend fu...

Elliott Wave Daily

As the single currency has finally retreated after rising to 0.9307 yesterday, suggesting a temporary top has been formed there and consolidation below this level would be seen with initial downsid...

Elliott Wave Daily

As cable has retreated after surging to 1.2979 yesterday, suggesting consolidation below this level would be seen and pullback to 1.2895-00, then towards support at 1.2873 cannot be ruled out, howe...

Elliott Wave Daily

As the single currency has risen again after brief pullback, adding credence to our bullish view that the major rise from 0.8304 is still in progress and may extend further gain to 0.9310-20, then ...

Elliott Wave Daily

As the greenback has recovered after holding above previous support at 1.2414, suggesting further consolidation above this level would be seen and another bounce to 1.2540-50 cannot be ruled out, h...

Elliott Wave Daily

As cable found renewed buying interest at 1.2873 yesterday and staged a stronger-than-expected rebound, suggesting a temporary low has been formed at 1.2774 last week and consolidation with upside ...