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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...

Elliott Wave Weekly

Although the single currency did find renewed buying interest at 1.4969 and has resumed recent upmove in line with our bullish expectation (our long position entered at 1.5000 met target at 1.5250)...

Elliott Wave Weekly

Aussie found decent demand at 0.7372 and has staged a stronger-than-expected rebound, the breach of previous resistance at 0.7518 signals the fall from 0.7750 has ended at 0.7329 and mild upside bi...

Elliott Wave Weekly

The British pound found support at 1.2769 and has rebounded, however, reckon upside would be limited to 1.2960-70 and resistance at 1.3015 should hold, bring further consolidation below recent high...

Elliott Wave Weekly

Sterling continued heading south after last month’s selloff fro1.3069, adding credence to our view that top has been formed there and bearishness remains for this decline to extend weakness to 1....

Elliott Wave Weekly

The single currency found renewed buying interest at 1.1109 last week and has risen again, adding credence to our view that recent erratic rise from 1.0340 low has resumed and bullishness remains f...

Elliott Wave Weekly

The greenback recovered initially last week but renewed selling interest emerged at 111.71 on Friday and price has dropped again from there since, retaining our bearishness for the fall from 114.37...

Elliott Wave Weekly

The British pound only slipped to as low as 1.2769 (we recommended in our previous update to buy at 1.2760 and missed our long entry) before finding renewed buying interest there and has rebounded,...

Elliott Wave Weekly

Although sterling’s retreat from 148.10 turned out to be stronger than expected which signals a temporary top has been formed there, as the British pound found support at 141.50 earlier this week...

Elliott Wave Weekly

Although the single currency has rebounded after his week’s initial retreat to 1.1109 and retest of 1.1268 is likely, break there is needed to confirm recent erratic rise from 1.0340 low has resu...

Elliott Wave Weekly

Although the greenback rebounded to 112.13 late last month, renewed selling interest emerged there and dollar has slipped again since, retaining our bearishness and a retest of previous support at ...

Elliott Wave Weekly

As the single currency has surged again after finding renewed buying interest at 122.56 last week, suggesting recent upmove from 109.49 low is still in progress and bullishness remains for this mov...

Elliott Wave Weekly

As the greenback has remained under pressure after recent selloff below previous support at 0.9813 (now resistance), adding credence to our bearish view that the decline from 1.0344 top is still in...

Elliott Wave Weekly

As the single currency has maintained a firm undertone after recent rally above indicated previous resistance at 0.8615, adding credence to our view that another leg of corrective rise from 0.8312 ...

Elliott Wave Weekly

As the greenback has dropped again after brief recovery, suggesting top has been formed at 1.3794 and consolidation with downside bias is seen for this fall from there to extend weakness to 1.3320-...

Elliott Wave Weekly

As the single currency has retreated after meeting resistance at 1.0988 earlier this month, retaining our view that consolidation below this level would be seen, however, reckon downside would be l...

Elliott Wave Weekly

Although aussie edged higher after staging a rebound from 0.7329 and marginal gain from there cannot be ruled out, as this move is viewed as retracement of recent decline, reckon upside would be li...

Elliott Wave Weekly

Although the British pound has risen again and rose to as high as 1.3048, loss of upward momentum should prevent sharp move beyond 1.3100 and risk is seen for a retreat to take place, below 1.2885-...