Elliott Wave Weekly

As cable has fallen again after brief recovery, suggesting the decline from 1.2706 is still in progress and may extend further weakness to 1.2150, then 1.2100, however, as broad outlook remains con...

Elliott Wave Weekly

Although sterling has remained under pressure and near term downside risk remains for weakness to 138.55 support, below there is needed to signal a possible downside break of recent established ran...

Elliott Wave Weekly

Although the single currency fell last week to as low as 1.0495, as euro has staged a strong rebound after holding above previous support at 1.0493, retaining our view that further consolidation ab...

Elliott Wave Weekly

Although the greenback fell briefly to 111.69, as dollar found renewed buying interest there and has staged a strong rebound, retaining our view that further choppy trading above previous support a...

Elliott Wave Weekly

Although the single currency fell briefly to 118.24 late last week, the subsequent rebound suggests low is possibly formed there and consolidation above this level would be seen with mild upside bia...
Elliott Wave Weekly

The greenback found renewed buying interest at 1.0009 earlier this week and has risen again, suggesting the erratic rise from 0.9861 is still in progress and may extend further gain to 1.0200 and po...
Elliott Wave Weekly

Although the single currency fell to as low as 0.8403 (just missed our downside target at 0.8400), lack of follow through selling and the subsequent rebound suggest the fall from 0.8857 has ended at 0...
Elliott Wave Weekly

Although the greenback retreated from 1.3210, as the pair found decent demand at 1.3056 late last week and has rallied from there, suggesting low has been formed at 1.2969 back in Jan, hence consoli...
Elliott Wave Weekly

Aussie has eased after rising to 0.7741, suggesting consolidation below this level would be seen and initial mild downside bias is for pullback to 0.7600, however, reckon support at 0.7512 would lim...
Elliott Wave Weekly

Although the single currency rebounded quite strongly after marginal fall to 1.0340 and consolidation above this level would be seen initially, as long as resistance at 1.0654 holds, mild downside b...
Elliott Wave Weekly

The greenback only slipped to 115.07 before finding renewed buying interest (we recommended to buy at 114.80 and missed the entry), suggesting consolidation with upside bias would be seen and gain t...