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...

Elliott Wave Weekly

Although the single currency opened higher last week and rose to as high as 1.0906, the subsequent selloff dampened our previous bullish view and suggest top is formed there, hence consolidation wi...

Elliott Wave Weekly

As the greenback has recovered after falling to 110.11 early last week, suggesting consolidation above this level would be seen and corrective bounce to 112.20 cannot be ruled out, however, reckon ...

Elliott Wave Weekly

The single currency only recovered to 120.44 (we recommended in our previous update to sell at 120.50 and missed the short entry) before meeting renewed selling interest and price has dropped again...

Elliott Wave Weekly

Although the greenback did meet renewed selling interest at 1.0003 (we recommended in our previous update to sell at 1.0000) and dropped to as low as 0.9815 (just missed our downside target at 0.98...

Elliott Wave Weekly

Although the single currency rebounded again, as euro met resistance at 0.8735 and has retreated again, retaining our view that further consolidation below indicated resistance at 0.8788 would be s...

Elliott Wave Weekly

As the greenback met resistance at 1.3415 and has retreated, consolidation with mild downside bias is seen for weakness to 1.3300 but break of support at 1.3264 is needed to add credence to our vie...

Elliott Wave Weekly

The single currency remained confined within near term established narrow range and further sideways trading is in store, euro’s retreat from 1.0825 (this month’s high) has retained our bearish...

Elliott Wave Weekly



Although aussie retreated after marginal rise to 0.7750 and consolidation below this level would take place with initial downside bias, reckon 0.7580-85 would limit downside and bring rebound...

Elliott Wave Weekly

Cable has maintained a firm undertone after staging a strong rebound from 1.2109, retaining our bullishness and near term bullishness remains for test of resistance at 1.2706 but break there is nee...

Elliott Wave Weekly

Although sterling recovered after finding support at 1.2215 earlier this month and consolidation above this level would be seen, reckon upside would be limited to 1.2445-50 and bring another declin...

Elliott Wave Weekly

The single currency finally broke above previous resistance at 1.0829, adding credence to our bullish view that the erratic rise from 1.0340 low is still in progress and upside bias remains for thi...

Elliott Wave Weekly

As the greenback has dropped again after breaking indicated previous support at 111.36 last week, adding credence to our bearish view that the erratic decline from 118.66 top (2016 high) has resume...

Elliott Wave Weekly

The single currency ran into renewed selling interest at 121.84 earlier this week and has dropped quite sharply, suggesting the fall from 122.89 top (last week’s high) is still in progress, this ...

Elliott Wave Weekly

The greenback dropped again after last week’s selloff, suggesting the decline from 1.0171 top is still in progress and although price has recovered from 0.9882, reckon upside would be limited to ...

Elliott Wave Weekly

As the single currency has retreated after meeting resistance at 0.8788 earlier this month, retaining our view that minor consolidation below this level would be seen and pullback to 0.8630-35 cann...

Elliott Wave Weekly

As the greenback’s retreat from 1.3535 turned out to be deeper than expected, dampening our bullishness and suggesting a temporary top has been formed there, hence consolidation with mild downsid...

Elliott Wave Weekly

As the single currency has rebounded again after finding support at 1.4242, suggesting a retest of recent high at 1.4418 would be seen, break there would add credence to our view that recent fall f...