Elliott Wave Weekly

The greenback met renewed selling interest at 1.3348 and has dropped sharply since, adding credence to our bearish view that the decline from 1.3794 top is still in progress and bearishness remains...

Elliott Wave Weekly

Although the single currency fell marginally to 1.0833 last week, euro found good support there and has staged another rebound, retaining our bullish view and consolidation with upside bias remains...

Elliott Wave Weekly

Although aussie found support at 0.7535 and staged a strong rebound, break of resistance at 0.7636 is needed to signal the rise from 0.7329 has resumed and extend further gain to resistance at 0.76...

Elliott Wave Weekly

Despite retreating to 139.85 last week, sterling found renewed buying interest there and has rebounded again, suggesting near term upside risk remains for the corrective rise from 138.70 low to bri...

Elliott Wave Weekly

Although cable did resume recent decline and fell to as low as 1.2589, the subsequent rebound has deferred our bearishness and further consolidation above said support would be seen, however, as lo...

Elliott Wave Weekly

As the single currency has retreated after rising marginally to 1.1296, retaining our view that consolidation below this level would be seen and test of 1.1109-19 support cannot be ruled out, howev...

Elliott Wave Weekly

Although the greenback has maintained a relatively firm undertone after finding good support at 108.82 and consolidation with initial mild upside bias is seen for test of resistance at 112.13, howe...

Elliott Wave Weekly

As the single currency found good support at 122.40 last week and rebounded, suggesting consolidation with mild upside bias would be seen for gain to 125.00, however, break of resistance at 125.31 ...

Elliott Wave Weekly

Although the greenback has retreated after meeting resistance at 0.9771, if our view that a temporary low has possibly been formed at 0.9613 earlier this month is correct, downside should be limite...

Elliott Wave Weekly

As the single currency has maintained a firm undertone after recent upmove, suggesting the erratic rise from 0.8304 low is still in progress and above resistance at 0.8866 would extend gain to 0.89...

Elliott Wave Weekly

Despite last week’s anticipated decline to 1.3165, the subsequent rebound suggests 1-2 weeks of consolidation above this level would be seen and recovery to 1.3387 (previous support) cannot be ru...

Elliott Wave Weekly

Despite recent anticipated resumption of recent upmove to 1.5259 earlier this month, the subsequent sharp retreat suggests a temporary top has been formed there and consolidation with mild downside...

Elliott Wave Weekly




As aussie has eased after surging to 0.7636 last week, suggesting minor consolidation below this level would be seen and pullback to 0.7510-15 cannot be ruled out, however, reckon 0.7455-6...

Elliott Wave Weekly

Cable’s recovery after finding support at 1.2635 earlier this month suggests minor consolidation above this level would be seen, however, reckon upside would be limited to 1.2818 and price should...

Elliott Wave Weekly

Sterling finally found support at 1.2241 last week and has rebounded since, suggesting 1-2 weeks of consolidation above this level would be seen and recovery to 1.2500, then test of 1.2540-50 (prev...

Elliott Wave Weekly

Although the single currency rose marginally to 1.1296, lack of follow through buying on break of previous resistance at 1.1285 and the subsequent retreat from 1.1296 suggest consolidation below th...

Elliott Wave Weekly

Although the greenback has rebounded after marginal fall to 108.82 last week and consolidation with mild upside bias is seen for test of resistance at 111.71, however, as this move is viewed as ret...

Elliott Wave Weekly

Although the single currency broke below previous support at 122.56-63, lack of follow through selling and current rebound to 122.40 suggest consolidation would be seen, however, a daily close abov...

Elliott Wave Weekly

Although the greenback retreated to 0.9641, renewed buying interest emerged there and dollar has rebounded again after Fed’s rate hike, suggesting a temporary low has possibly been formed at 0.96...

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...