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...

Elliott Wave Weekly

As the single currency has fallen again after brief recovery and broke below indicated support at 0.8485 would signal top has been formed at 0.8788, hence bearishness is seen for further weakness t...

Elliott Wave Weekly

As the greenback has retreated after faltering below indicated resistance at 1.3456, retaining our bearish view that the fall from 1.3535 (last month’s high) is still in progress, hence consolida...

Elliott Wave Weekly

The single currency met resistance at 1.0727 last week and has retreated again, retaining our bearishness and consolidation with downside bias remains for the retreat from 1.0825 (last month’s hi...

Elliott Wave Weekly

Aussie has dropped sharply last week and finally broke below support at 0.7491, suggesting recent entire rise from 0.7158 has indeed ended at 0.775 last month, hence further choppy trading within e...

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...