Elliott Wave Daily

As sterling found good support at 147.30 and rebounded late last week, suggesting further consolidation above 146.95 support would be seen and upside risk remains for the rebound from 146.95 to bri...

Elliott Wave Daily

As the single currency has dropped again after brief recovery, suggesting the decline from 134.41 top is still in progress and bearishness remains for this move to bring retracement of recent upmov...

Elliott Wave Daily

Despite yesterday’s brief rise to 0.9033, the subsequent much stronger-than-expected retreat signals top has been formed there an consolidation with mild downside bias is seen, below 0.8875-80 wo...

Elliott Wave Daily

Although the greenback found support at 1.2433 earlier this week and recovered, reckon upside would be limited to 1.2531 and near term downside risk remains for the corrective decline from 1.2599 t...

Elliott Wave Daily

Despite yesterday’s brief drop to 147.30, lack of follow through selling and the subsequent strong rebound suggest further choppy trading above 146.95 support would be seen and upside risk remain...

Elliott Wave Daily

Although the single currency rose to 133.50 earlier this week, as euro met renewed selling interest there and has retreated, suggesting further consolidation would be seen with mild downside bias f...

Elliott Wave Daily

Although aussie has continued edging higher and gain to 0.7875 resistance cannot be ruled out, as this move from 0.7733 temporary low is viewed as retracement of recent decline, reckon upside would...

Elliott Wave Daily

As the single currency has surged again after brief pullback and broke above previous resistance at 0.8993, suggesting the rise from 0.8746 low is still in progress, hence mild upside bias is seen ...

Elliott Wave Daily

Although the greenback recovered after finding support at 1.2433, reckon upside would be limited to 1.2531 and near term downside risk remains for the corrective decline from 1.2599 top to bring re...

Elliott Wave Daily

Although cable has eased again after rising to 1.3265, reckon pullback would be limited to 1.3200 and near term upside risk remains for the rebound from 1.3027 (last week’s low) to bring retracem...

Elliott Wave Daily

Although sterling edged higher again today and near term upside risk remains for the rebound from this week’s low of 146.95 to extend gain to 149.50-55, as this move is viewed as retracement of r...

Elliott Wave Daily

The single currency has surged again today after finding renewed buying interest at 132.45 yesterday, dampening our bearishness and upside risk remains for the rebound from 131.75 to extend gain to...

Elliott Wave Daily

As aussie has rebounded again today, suggesting near term upside risk remains for the corrective bounce from 0.7733 temporary low to bring retracement of recent decline, hence gain to 0.7850 cannot...

Elliott Wave Daily

The single currency has rebounded after finding support at 0.8906 earlier this week, suggesting the pullback from 0.8993 has ended and retest of said resistance is likely, break there would extend ...

Elliott Wave Daily

Although the greenback retreated after rising to 1.2599 late last week and consolidation below this level would be seen, reckon pullback would be limited to 1.2445-50 and previous support at 1.2415...

Elliott Wave Daily

Although cable has eased from 1.3226, the rebound from 1.3027 (last week’s low)  cable has edged higher again today, suggesting near term upside risk remains for the rebound from 1.3027 (last we...

Elliott Wave Daily

As sterling recovered after falling to 146.95 earlier this week, suggesting further consolidation above this level would be seen and although corrective bounce to 148.60 cannot be ruled out, reckon...