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Elliott Wave Daily

Although cable’s retreat from 1.3048 turned out to be much deeper than expected, as sterling found good support at 1.2889 and has staged another strong rebound, suggesting consolidation with mild...

Elliott Wave Daily

Although sterling fell marginally to 143.40 yesterday, lack of follow through selling and the subsequent rebound suggest consolidation above this level would be seen and gain to 145.30-35 cannot be...

Elliott Wave Weekly




As the single currency finally met resistance at 125.82 earlier this week and has retreated, suggesting consolidation below this level would be seen and pullback to 123.00 and possibly tow...

Elliott Wave Weekly

As the greenback dropped sharply after faltering below indicated previous resistance at 1.0108 and broke below previous support at 0.9813, confirming another leg of major decline from 1.0344 top is...

Elliott Wave Daily

Although the sharp retreat from 125.82 to 122.56 (yesterday’s low) suggests a temporary top has possibly been formed there, as euro found support there and has rebounded, suggesting consolidation...

Elliott Wave Daily

Although aussie has retreated after rising to 0.7467, if our view that low has been formed at 0.7329 is correct, downside should be limited to 0.7400 and renewed buying interest should emerge aroun...

Candlesticks Intraday

As dollar has recovered after yesterday’s marginal fall to 0.9764, suggesting minor consolidation above this level would be seen and recovery to 0.9850 cannot be ruled out, however, reckon 0.9860...

Candlesticks Intraday

Although cable resumed recent upmove to as high as 1.3048, the subsequent stronger-than-expected retreat to 1.2889 suggests top is possibly formed there and consolidation with mild downside bias is...

Candlesticks Intraday

Although the single currency has rebounded after finding support at 1.1076 and consolidation with mild upside bias is seen for gain to 1.1140-45, break there is needed to signal the retreat from ye...

Candlesticks Intraday

Dollar’s rebound after falling to 110.24 suggests consolidation above this level would be seen and corrective bounce to 112.00-05 (50% Fibonacci retracement of 113.85-110.24) cannot be ruled out,...

Candlesticks Intraday

As the greenback has recovered again after falling to 110.24, suggesting consolidation above this level would be seen and test of resistance at 111.42 cannot be ruled out, however, reckon upside wo...

Elliott Wave Daily

As the greenback has retreated after meeting resistance at 1.3670, retaining our view that further sideways trading would be seen and near term downside risk remains for the fall from 1.3794 top to...