Elliott Wave Daily

Despite dropping sharply to 131.17 initially yesterday, lack of follow through selling on break of previous support at 131.40 and the subsequent rebound suggest further choppy trading would be seen...

Elliott Wave Daily

As aussie has remained under pressure after recent anticipated selloff, adding credence to our bearish view that recent decline from 0.8125 top is still in progress, hence downside bias remains for...

Elliott Wave Daily

The single currency has fallen again after meeting renewed selling interest at 0.8954, adding credence to our view that top has possibly been formed at 0.9015 last week, bearishness remains for the...

Elliott Wave Daily

Although cable has maintained a relatively firm undertone after recent rebound and marginal gain above resistance at 1.3260 (last week’s high) cannot be ruled out, as broad outlook remains consol...

Elliott Wave Daily

Despite falling to 147.65 earlier today, current rebound suggests consolidation above this level would be seen and recovery to 148.90-00 cannot be ruled out, however, reckon resistance at 149.45-55...

Elliott Wave Daily

Current rebound suggests near term upside risk remains for gain to 1.2820 and possibly 1.2850-60, however, a firm break above this level is needed to signal the correction from 1.2917 has ended, br...

Elliott Wave Daily

Although the single currency rose to 0.9015 yesterday, the subsequent retreat suggests consolidation below said resistance would be seen and weakness to 0.8870-75 is likely, below there would exten...

Elliott Wave Daily

Although cable rebounded again yesterday to 1.3214, as price has retreated again after faltering below indicated resistance at 1.3230, retaining our view that further consolidation would be seen an...

Elliott Wave Daily

Although sterling slipped again yesterday to as low as 148.10, as the pound has rebounded again after holding above support at 148.05, retaining our view that further consolidation would take place...

Elliott Wave Daily

Although the single currency has retreated after rising to 133.89 and consolidation below this level would be seen, reckon downside would be limited to 132.95-00 and bring another rise later, above...

Elliott Wave Daily

The single currency found renewed buying interest at 0.8812 late last week and has rallied above previous resistance at 0.8939, signaling low has indeed been formed at 0.8733 earlier, hence consoli...

Elliott Wave Daily

As the greenback has recovered after finding good support at 1.2665 last week, suggesting consolidation above this level would be seen and corrective bounce to 1.2750 cannot be ruled out, however, ...

Elliott Wave Daily

Although the single currency edged higher to 132.60 earlier today, lack of follow through buying and current retreat suggest further consolidation would take place and weakness to 131.60-70 cannot ...

Elliott Wave Daily

Although the single currency retreated after meeting resistance at 0.8877, break of indicated support at 0.8791 is needed to signal early rebound from 0.8733 (last week’s low) has ended at 0.8939...