Elliott Wave Daily

Despite retreating to 148.20, as sterling found support there and has rebounded again, suggesting further consolidation would take place and another bounce to 149.25 cannot be ruled out, above ther...

Elliott Wave Daily

As euro found support at 131.6 yesterday and recovered, suggesting minor consolidation above this level would be seen and another bounce to 132.35-40 cannot be ruled out, however, reckon upside wou...

Elliott Wave Daily

Euro ran into heavy offers at 0.9033 late last week and has retreated sharply from there, suggesting top has been formed there and consolidation with mild downside bias is seen for weakness to supp...

Elliott Wave Daily

Although the greenback has rebounded again after finding support at 1.2433, reckon upside would be limited to 1.2555-60 and near term downside risk remains for another retreat, below 1.2460-65 woul...

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...