Elliott Wave Weekly

As the single currency has risen again and broke above previous resistance at 0.8857, adding credence to our bullishness for the erratic rise from 0.8304 to extend further gain to 0.8900, then towa...

Elliott Wave Weekly

The greenback finally dropped in line with our bearish expectation, our short position entered at 1.3530 finally met our downside target at 1.3330 with 200 points profit, this anticipated selloff a...

Elliott Wave Weekly

As the single currency has remained under pressure after breaking previous support at 1.0866, suggesting the fall from 1.0988 is still in progress and marginal weakness from here cannot be ruled ou...

Elliott Wave Weekly

As aussie has continued trading with a firm bias after recent strong rebound above previous resistance at 0.7518, adding credence to our view that the fall from 0.7750 has ended at 0.7329 and mild ...

Elliott Wave Weekly

As the British pound ran into heavy offers at 1.2978 late last week and has dropped sharply, price then broke below support at 1.2769, suggesting top has been formed at 1.3048 earlier and consolida...

Elliott Wave Weekly

As sterling met renewed selling interest at 143.95 earlier this month and bearishness remains for the decline from 148.10 top to extend weakness to 137.50-60,  then 136.95-00, however, near term o...

Elliott Wave Weekly

The single currency retreated after meeting resistance at 1.1285, suggesting consolidation below this level would be seen, however, reckon downside would be limited to 1.1160-65 and support at 1.11...

Elliott Wave Weekly

The greenback recovered after falling to 109.11 last week, suggesting consolidation above this level would be seen and corrective bounce to 111.10-15 (38.2% Fibonacci retracement of 114.39-109.11) ...

Elliott Wave Weekly

The single currency met resistance at 125.31 late last week and has slipped again, suggesting consolidation below recent high of 125.82 would be seen and initial downside risk is for weakness to 12...

Elliott Wave Weekly

The greenback did meet renewed selling interest at 0.9808 late last month and has fallen again (we recommended in our previous update to sell at 0.9800 and a short position was entered there), addi...

Elliott Wave Weekly

As the single currency has finally retreated after rising to 0.8771 earlier this week, suggesting minor consolidation below this level would be seen and pullback to 0.8650, then 0.8600-10 cannot be...

Elliott Wave Weekly

Although the greenback did meet selling interest at 1.3547 and retreated (we recommended in our previous update to sell at 1.3530 and a short position was entered), as the pair found support at 1.3...