Elliott Wave Weekly

 Cable has maintained a firm undertone after last week’s rally above indicated previous resistance at 1.2706 and 1.2775, adding credence to our view that low has indeed been formed at 1.1986 and...

Elliott Wave Weekly

Sterling found renewed buying interest at 1.2443 earlier this month and has rallied last week, the breach of indicated previous resistance at 1.2660 adds credence to our bullish view that the rebou...

Elliott Wave Weekly

The single currency found renewed buying interest at 1.0682 and has rallied, price opened sharply higher today and broke above indicated previous resistance at 1.0906, suggesting the erratic rise f...

Elliott Wave Weekly

Although the greenback opened higher today and jumped to 110.60, dollar’s broad-based weakness suggests upside would be limited and bring retreat later, below 109.85-90 would bring test of previo...

Elliott Wave Weekly

Although the single currency extended recent decline to 114.85, as euro found good support there and has rebounded, suggesting consolidation above this level would be seen with initial upside bias ...

Elliott Wave Weekly

Although the greenback has retreated after meeting resistance at 1.0108 earlier this month and consolidation with initial downside bias is seen for weakness to 0.9940-45, if our view that low has ...

Elliott Wave Weekly

Although the single currency fell to as low as 1.4053 earlier this month, as euro found decent demand there and has staged a strong rebound, suggesting the retreat from 1.4600 has ended at 1.4053 a...

Elliott Wave Weekly

Although aussie rebounded last week, renewed selling interest emerged at 0.7611 and the pair has retreated, suggesting the rebound from 0.7473 has ended there and bearishness remains for another te...

Elliott Wave Weekly

Cable continued finding decent demand just above 1.2500 level and has rallied above indicated previous resistance at 1.2706 as well as 1.2775, adding credence to our view that low has indeed been f...

Elliott Wave Weekly

Although sterling extended recent decline to as low as 135.60, the subsequent rebound suggests low has possibly been formed there and gain to 140.10 is likely, however, a daily close above 140.60-6...

Elliott Wave Weekly

As the single currency has recovered after finding support at 1.0570, suggesting consolidation above this level would be seen and initial upside risk is for corrective bounce to 1.0700, however, re...

Elliott Wave Weekly

The greenback only recovered to 111.58 early last week before meeting renewed selling there and price dropped quite sharply from there in line with our bearish expectation, this selloff adds creden...