Elliott Wave Weekly


Although the single currency met resistance at 130.77 last week and has traded narrowly since, reckon downside would be limited to 128.50-60 and renewed buying interest should emerge around 127....

Elliott Wave Weekly

The greenback only recovered to 0.9701 before meeting renewed selling interest and has fallen again, adding credence to our bearish view that the erratic decline from 1.0344 top (formed back in lat...

Elliott Wave Weekly

Cable only retreated to 1.2812 (missed our long entry at 1.2800) before staging the anticipated rally to 1.3126, however, the subsequent retreat from there suggest top is possibly formed and consol...

Elliott Wave Weekly

As stealing has retreated after faltering below last week’s high at 147.75, suggesting 1-2 weeks of consolidation below this level would be seen and mild downside bias is for weakness to 144.50, ...

Elliott Wave Weekly

The single currency has surged again after brief pullback to 1.1370 last week, adding credence to our bullish view that the upmove from 1.0340 low is still in progress and indicated upside targets ...

Elliott Wave Weekly

Although the greenback extended gain to 114.50 earlier this month, lack of follow through buying on break of previous resistance at 114.39 and the subsequent retreat suggest the entire corrective r...

Elliott Wave Weekly

As the single currency has continued trading with a firm undertone after breaking previous resistance at 125.82, adding credence to our bullish view that recent upmove is still in progress and upsi...

Elliott Wave Weekly

The greenback found support at 0.9552 last week and has rebounded, suggesting minor consolidation above this level would be seen and above 0.9700 would bring recovery towards resistance at 0.9771, ...

Elliott Wave Weekly

As the single currency retreated after rising marginally to 0.8882 last week, retaining our view that consolidation below this level would be seen and initial downside risk is for pullback to suppo...

Elliott Wave Weekly

The greenback has remained under pressure after recent anticipated selloff, adding credence to our bearish view that the decline from 1.3794 top is still in progress and bearishness remains for wea...

Elliott Wave Weekly

As cable’s rebound from 1.2589 turned out to be much stronger than expected, suggesting the correction from 1.3048 has ended there and although price has eased from 1.3030, reckon downside would ...

Elliott Wave Weekly

As sterling has rebounded again after holding above support at 1.2241, retaining our view that further consolidation above this level would be seen and recovery to 1.2540-50 (previous resistance an...

Elliott Wave Weekly

Last week’s rally above previous resistance at 1.1296 (now support), adding credence to our bullish view that the upmove from 1.0340 low is still in progress and may extend further gain to 1.1480...

Elliott Wave Weekly

Although the greenback has risen again after brief pullback on cross-selling in yen and initial mild upside risk remains for marginal gain from here, as this move is viewed as retracement of the fa...

Elliott Wave Weekly

The greenback has dropped after meeting renewed selling interest at 0.9757, suggesting the decline from 1,9344 top is still in progress and downside risk remains for further weakness to previous su...

Elliott Wave Weekly

As the single currency has rallied after breaking previous resistance at 125.82, adding credence to our bullish view that recent upmove is still in progress and upside bias remains for medium term ...

Elliott Wave Weekly

Although the single currency edged higher to 0.8882 yesterday, lack of follow through buying and the subsequent retreat suggest consolidation below this level would be seen and initial downside ris...

Elliott Wave Weekly

The greenback met renewed selling interest at 1.3348 and has dropped sharply since, adding credence to our bearish view that the decline from 1.3794 top is still in progress and bearishness remains...

Elliott Wave Weekly

Although the single currency fell marginally to 1.0833 last week, euro found good support there and has staged another rebound, retaining our bullish view and consolidation with upside bias remains...

Elliott Wave Weekly

Although aussie found support at 0.7535 and staged a strong rebound, break of resistance at 0.7636 is needed to signal the rise from 0.7329 has resumed and extend further gain to resistance at 0.76...

Elliott Wave Weekly

Despite retreating to 139.85 last week, sterling found renewed buying interest there and has rebounded again, suggesting near term upside risk remains for the corrective rise from 138.70 low to bri...