Elliott Wave Weekly





The single currency opened higher again this week and we were unable to enter long at recommended entry at 132.00 as euro rallied from 132.38 (this week’s low), adding credence to our...

Elliott Wave Weekly

The greenback only retreated to 0.9565 (we recommended in our previous update to buy at 0.9550 and missed the entry) before staging the anticipated rally, this move adds credence to our view that l...

Elliott Wave Weekly

Last week’s late selloff suggests the reversal from 0.9307 top is still in progress, hence downside bias is seen for this move to extend weakness towards previous support at 0.8743, a daily close...

Elliott Wave Weekly

As the greenback found good support at 1.2197 yesterday and has rebounded again, suggesting a temporary low has possibly been formed at 1.2061 earlier this month and consolidation with mild upside ...

Elliott Wave Weekly

The single currency only retreated to 1.1345 (we recommended in our previous update to buy at 1.1330 and just missed our long entry) before finding renewed buying interest, the subsequent anticipat...

Elliott Wave Weekly





Although aussie extended recent rise to as high as 0.8125, the subsequent retreat suggests consolidation would be seen and weakness to 0.7900 and possibly support at 0.7867-71 cannot be...

Elliott Wave Weekly

Sterling did rallied again after brief pullback to 1.3153 (we recommended in our previous update to buy at 1.3165 and a long position was entered), the subsequently surged to as high as 1.3619 (our...

Elliott Wave Weekly

Sterling found decent demand at 1.2343 earlier this month and has rallied very strongly, price even penetrated previous resistance at 1.3069, signaling early erratic rise from 1.1475 has resumed an...

Elliott Wave Weekly

Although the single currency resumed recent rise and rose to a marginal high of 1.2093, lack of follow through buying on break of previous resistance at 1.2070 and the subsequent retreat suggest co...

Elliott Wave Weekly

As the greenback has staged a strong rebound after finding good support at 107.32 earlier this month, suggesting low has indeed been formed there and consolidation with upside bias is seen for at l...

Elliott Wave Weekly





The single currency opened higher this week and has resumed recent upmove as euro broke above indicated resistance at 131.71, suggesting the major rise from 109.49 low (2016 low) is sti...

Elliott Wave Weekly

Although the greenback fell briefly below previous support at 0.9438, lack of follow through selling and the subsequent strong rebound from 0.9421 suggest a temporary low is possibly formed there a...

Elliott Wave Weekly

Although the single currency slipped again this week and near term downside risk remains for the retreat from 0.9307 temporary top to bring retracement of recent rise, reckon downside would be limi...

Elliott Wave Weekly

As the greenback has remained under pressure after resuming recent decline, suggesting near term downside risk remains for recent selloff to extend weakness to 1.2050-60, however, loss of downward ...

Elliott Wave Weekly

Although aussie did resume recent upmove as the pair broke above previous resistance at 0.8066 (our long position entered at 0.7920 met target at 0.8120), the subsequent retreat from 0.8126 suggest...

Elliott Wave Weekly

The single currency ran into heavy selling pressure at 1.5076 and has dropped sharply, the subsequent breach of previous support at 1.4478 signals early fall from 1.5259 is still in progress and ma...

Elliott Wave Weekly

The British pound found good support at 141.20 and has rallied from there since, dampening our bearishness and suggesting the fall from 147.75 has ended at 139.35 instead, hence upside bias is seen...

Elliott Wave Weekly

Sterling continued heading north and broke above recent high at 1.3269, confirming the medium term erratic rise from 1.1986 low has resumed and bullishness remains for this move to extend further g...

Elliott Wave Weekly

Although the single currency did resume recent upmove after finding support at 1.1823 late last month and gain towards 1.2090-00 cannot be rule out, loss of upward momentum should prevent sharp mov...

Elliott Wave Weekly

Although last week’s breach of support at 108.13 (this year’s low) confirms early decline from 118.66 top has resumed, lack of follow through selling on break of said support and current reboun...

Elliott Wave Weekly





Although the single currency recovered after finding good support at 129.37 this week, as renewed selling interest emerged at 131.09 yesterday and euro has retreated again, retaining ou...