Elliott Wave Daily

As sterling met resistance at 1.3228 yesterday and has retreated quite sharply, suggesting the rebound from 1.3088 has ended and test of this level is likely, break there would extend weakness to r...

Elliott Wave Daily

Despite falling to 0.8886 yesterday, the subsequent rebound has retained our view that further consolidation within recent established range would be seen and initial gain towards 0.9000 cannot be ...

Elliott Wave Daily

As the greenback has maintained a firm undertone after last week’s late rally, confirming the rise from 1.2061 low has resumed and mild upside bias remains for this move from there (wave iii trou...

Elliott Wave Daily

As sterling has rebounded after last week’s anticipated fall to 1.3088, retaining our view that further consolidation would be seen and test of resistance at 1.3229 cannot be ruled out, however, ...

Elliott Wave Daily

Despite rising to 0.9023 late last week, the subsequent retreat has retained our view that further consolidation below previous resistance at 0.9033 would be seen and weakness to 0.8875-80 cannot b...

Elliott Wave Daily

As the greenback has surged again and finally broke above resistance at 1.2599, confirming the rise from 1.2061 low has resumed and reviving our bullishness for this move from there (wave iii troug...

Elliott Wave Daily

Despite last week’s anticipated fall to 1.3088, lack of follow through selling and the subsequent rebound suggest further consolidation would be seen and test of resistance at 1.3229 cannot be ru...

Elliott Wave Daily

Sterling found decent demand at 147.95 late last week and has rallied above resistance at 149.40, adding credence to our view that the erratic rise from 146.95 is still in progress, hence bullishne...

Elliott Wave Daily

As the single currency opened higher and has maintained a firm undertone, suggesting the rise from 131.66 (last week’s low) is still in progress, hence bullishness remains for this move to bring ...

Elliott Wave Daily

Although euro’s rebound from 0.8856 turned out to be stronger than expected, as the single currency has retreated after faltering below resistance at 0.9033, suggesting further choppy trading wou...

Elliott Wave Daily

Current rebound suggests a retest of recent high at 1.2599 would be seen, however, break there is needed to confirm recent upmove from 1.2061 low (wave iii trough) has resumed for further gain towa...

Elliott Wave Daily

Despite retreating to 147.95, as sterling has rebounded again after holding above previous support at 147.80, retaining our view that further choppy consolidation would be seen and test of resistan...

Elliott Wave Daily

As the single currency found renewed buying interest at 132.47 yesterday and has rallied again, reviving bullishness and signal early correction form 134.41 has ended at 131.66 earlier this week, h...