Elliott Wave Weekly

Although cable slipped again last week and near term downside risk remains for the erratic fall from last month’s high of 1.2616 to bring retracement of the rise from 1.2109, reckon downside woul...

Elliott Wave Weekly

As sterling found decent demand at 1.2285 and has staged a stronger-than-expected rebound, dampening our bearishness and suggesting the fall from 1.2660 has ended at 1.2215 last month, hence upside...

Elliott Wave Weekly

As the single currency has fallen again after brief recovery last week, adding credence to our view that top has been formed at 1.0906 earlier and consolidation with downside bias remains for weakn...

Elliott Wave Weekly

Although the greenback fell to as low as 110.13 late last week, as price has recovered again after holding above indicated support at 110.11, retaining our view that further consolidation above thi...

Elliott Wave Weekly

As the single currency has fallen again after brief recovery and broke below indicated previous support at 118.24, adding credence to our bearish view that the decline from 124.10 top is still in p...

Elliott Wave Weekly

As the greenback found good support at 0.9815 late last month and has staged a strong rebound from there, adding credence to our view that low has been formed there and consolidation with mild upsi...

Elliott Wave Weekly

Although the single currency dropped quite sharply last week, as long as support at 0.8485 (last week’s low) holds, consolidation with mild upside bias is seen for another rebound, above 0.8600 w...

Elliott Wave Weekly

Although the greenback has rebounded again after holding above support at 1.3264 and further consolidation would be seen, as long as resistance at 1.3456-60 holds, prospect of another retreat remai...

Elliott Wave Weekly

Despite last week’s initial rise to 1.4600, the subsequent deeper-than-expected retreat suggests top has been formed there and consolidation below this level would be seen with mild downside bias...

Elliott Wave Weekly

Although aussie met resistance at 0.7680 last week and has slipped again, retaining our view that further consolidation would take place and marginal weakness from here cannot be ruled out, however...

Elliott Wave Weekly

As cable met resistance at 1.2559 and has slipped again, retaining our view that further consolidation below last month’s high of 1.2616 would be seen and initial downside risk remains for test o...

Elliott Wave Weekly

As sterling has fallen again after faltering below resistance at 140.60, dampening our near term bullishness and near term downside risk remains for the fall from 144.75 to bring a stronger retrace...