Elliott Wave Weekly

As the single currency has retreated after faltering below indicated previous resistance at 1.1479, retaining our view that further sideways trading would be seen and risk of initial weakness to 1....

Elliott Wave Weekly






Although aussie slipped initially last week to 0.7871, as renewed buying interest emerged there and the pair has risen again, retaining our bullish view that pullback from 0.8066 has...

Elliott Wave Weekly

Although sterling found support at 1.2852 last week and has risen again to as high as 1.2996, the subsequent retreat suggests a week of consolidation would take place and risk of initial weakness t...

Elliott Wave Weekly

Although sterling found support at 1.2221 last week and rebounded, as renewed selling interest did emerge at 1.2505 and price has retreated, retaining our bearishness (we recommended in our previou...

Elliott Wave Weekly

Although the single currency extended recent upmove to as high as 1.2070 last week, the subsequent retreat from there suggests 1-2 weeks of consolidation below this level would be seen and pullback...

Elliott Wave Weekly

Although the greenback fell briefly to 108.27, as dollar has rebounded quite strongly after holding above this year’s low at 108.13, suggesting early downtrend is not ready to resume yet and furt...

Elliott Wave Weekly





Although the single currency broke above previous resistance at 131.40 earlier this week, lack of follow through buying and current pullback from 131.71 suggest consolidation with initi...

Elliott Wave Weekly

Although the greenback resumed recent decline as the pair dropped below previous support at 0.9438 earlier this week, lack of follow through selling and the subsequent strong rebound from 0.9428 su...

Elliott Wave Weekly

As the single currency has finally retreated after rising to 0.9307 earlier this week, suggesting 1-2 weeks of consolidation below this level would be seen and pullback to 0.9150-60 and possibly 0....

Elliott Wave Weekly

As the greenback has rebounded after holding above previous support at 1.2414, suggesting recent decline is not ready to resume yet and further consolidation is in store, however, still reckon upsi...

Elliott Wave Weekly

Although the single currency broke above previous resistance at 1.5018, lack of follow through buying and current retreat from yesterday’s high of 1.5076 suggests consolidation below this level w...

Elliott Wave Weekly





Aussie’s breach of indicated resistance at 0.7963 signals low has been formed at 0.7808 earlier and consolidation with upside bias remains for further gain to 0.8000, however, break t...

Elliott Wave Weekly

Despite falling to 1.2774 (exactly 38.2% Fibonacci retracement of 1.1986-1.3269), the subsequent stronger-than-expected rebound suggests first leg of decline from 1.3269 has ended there and consoli...

Elliott Wave Weekly

Sterling only recovered to 143.20 before dropping again, the pair exceeded all our downside targets (including 141.25, 140.00 and 139.85), however, as the British pound found support at 139.35 and ...

Elliott Wave Weekly

Friday’s rally above recent high at 1.1910 confirms our bullish view that recent upmove has resumed and upside bias remains for the rise from 1.0340 low (wave 3 trough) to extend gain to 1.2000-1...

Elliott Wave Weekly

Although the greenback fell briefly to 108.60, lack of follow through selling on break of previous support at 108.83 and the subsequent recovery suggest consolidation would be seen and another boun...

Elliott Wave Weekly





Despite falling to 127.56 late last week, as the greenback found good support there and has rebounded throughout this week, suggesting consolidation above this level would be seen and g...

Elliott Wave Weekly

USD/CHF –  0.9635

 
As the greenback retreated again after faltering below indicated resistance at 0.9773, retaining our view that further consolidation would be seen and althou...

Elliott Wave Weekly

As the single currency has continued heading north, adding credence to our view that early retreat from 0.9576 (wave iii top) has ended earlier at 0.8304 and bullishness remains for the rise from t...

Elliott Wave Weekly

As the retreat from 1.2778 has kept price under pressure, suggesting the rebound from 1.2414 has possibly ended there and consolidation with downside bias is seen for weakness to 1.2490-00, then te...

Elliott Wave Weekly

Although the single currency met renewed selling interest at 1.1479 and slipped again week, lack of follow through selling on break of support at 1.1261 and the subsequent rebound from 1.1259 sugge...