Elliott Wave Daily

The single currency recovered after falling to 0.8774 on Friday, suggesting minor consolidation above this level would be seen and corrective bounce to 0.8850-60 is likely, however, reckon upside w...

Elliott Wave Daily

Although cable rise briefly to 1.3619 earlier today, lack of follow through  buying on break of Friday’s high at 1.3617 and current retreat suggest consolidation below said resistance would take...

Elliott Wave Daily

As sterling has retreated after faltering below last week’s high at 151.55, suggesting further consolidation below this level would be seen and pullback to 150.00-10 cannot be ruled out, however,...

Elliott Wave Daily

Although the single currency rose briefly above last week’s high of 133.09, lack of follow through buying and current retreat from 133.12 suggest consolidation below this level would be seen and ...

Elliott Wave Daily

Although aussie found support at 0.7956 last week and rebounded, if our view that temporary top has been formed at 0.8125 is correct, upside would be limited to 0.8080-90 and bring another decline,...

Elliott Wave Daily

The single currency extended yesterday selloff and dropped to as low as 0.8774, suggesting the reversal from 0.9307 top is still in progress and bearishness remains for this fall to extend weakness...

Elliott Wave Daily

Cable only retreated to 1.3153 (missed our long entry at 1.3140) before rallying again since late NY yesterday, we have re-labeled our preferred count (pls see the attached chart) that the wave IV ...

Elliott Wave Daily

Sterling only eased to 145.25 yesterday before staging the anticipated rally, the British pound found renewed buying interest today at 146.65 and has surged again, upmove accelerated after breaking...

Elliott Wave Daily

Although the single currency slipped to as low as 130.62, as renewed buying interest emerged there and euro has rallied above resistance t 132.01 today, reviving our bullishness and signal recent u...

Elliott Wave Daily

As aussie found support at 0.7956 yesterday and has rebounded, suggesting consolidation would be seen and corrective bounce to 0.8040-45 is likely, however, as top has been formed at 0.8125, upside...

Elliott Wave Daily

The single currency only recovered to 0.9048 and has dropped again, bearishness remains for there selloff from 0.9307 top to extend weakness to 0.8845 (50% Fibonacci retracement of 0.8384-0.9307), ...

Elliott Wave Daily

As cable has retreated after rising to 1.3329 yesterday, retaining our view that minor consolidation below this level would be seen and pullback towards support at 1.3161 is likely, however, reckon...

Elliott Wave Daily

As sterling has retreated after rising to 146.65 yesterday, suggesting consolidation below this level would be seen and initial downside risk is for pullback to 145.00-10, however, this week’s ra...

Elliott Wave Daily

Although aussie dropped to as low as 0.7970,  as the pair found support there and has rebounded, suggesting consolidation would be seen and corrective bounce to 0.8040-45 cannot be ruled out, howe...

Elliott Wave Daily

As the single currency has recovered after holding above this week’s low at 0.8982, suggesting minor consolidation above this level would be seen and another bounce to 0.9060-70 cannot be ruled o...

Elliott Wave Daily

Near term sideways trading above recent low at 1.2061 (last week’s low) is likely to continue and although another bounce to 1.2200 cannot be ruled out, reckon resistance at 1.2245 would limit up...

Elliott Wave Daily

As cable has eased after rising to 1.3329 earlier today, suggesting minor consolidation below this level would be seen and pullback to 1.3225-30 is likely, however, reckon downside would be limited...