Sterling fell according to our previous update and met indicated downside target at 1.6317 and 1.6118 and the breach of latter support signals wave ii from there has ended earlier at 1.7113, hence wav...

Sterling's retreat from 1.7113 suggests further consolidation would take place and mild downside bias remains for weakness to 1.6500 and then 1.6400, however, only a break of support at 1.6317 would s...

Since the middle of January, the GBP/CHF has been moving along the Fibonacci projection levels. After falling to the 38.2% level, the market has started a bullish phase inside a trend channel. At the ...

Although the British pound rebounded to 1.7113 (exactly same level as previous resistance), as the currency pair retreated after failing to break this resistance, suggesting further consolidation with...

Despite rising to indicated resistance at 1.7113 again, as the British pound retreated after failing to penetrate this level, suggesting further consolidation would take place and mild downside bias i...

As the British pound rebounded after holding above indicated support at 1.6317, retaining our bullishness that further consolidation above 1.6118 support would take place and break of 1.7113 resistanc...

The stronger-than-expected rebound from 1.6317 suggests the wave ii from 1.6118 is still unfolding and mild upside bias is seen for test of resistance at 1.7036 but break of 1.7113 is needed to confir...

On a long term view, the EUR/JPY has reached its support level around 127.00. It is the forth touch around this level since the middle of Mai 2009. As you can see, the Auto Regression Bands are signal...

Although the British pound slipped again after faltering below resistance at 1.7113, break of 1.6315/20 is needed to signal the decline from 1.8114 has resumed and bring retest of 1.6118, otherwise, f...

The British pound dropped to as low as 1.6317 yesterday, suggesting the correction from 1.6118 has possibly ended at 1.7113 earlier and although sterling has recovered, reckon upside would be limited ...

Despite early rebound to 1.7024, the British pound ran into heavy selling pressure there and has retreated sharply from there, suggesting consolidation with downside bias would be seen for another tes...

Having the GBP/CHF traded in a bearish environment since the middle of November it recovered assisted by a bullish trend-line and after it broke through the 50% Fibonacci retracement line the bulls bo...

Although the British pound edged higher after finding good support at 1.6468 and test of 1.7113-16 (previous resistance and the current level of the flat ground Kijun-Sen) cannot be ruled out, however...

As the British pound has rebounded after finding decent demand at 1.6468, suggesting the wave ii from 1.6118 is still unfolding and another rise to 1.7000 and then 1.7113 cannot be ruled out, however,...

The British pound slipped as expected last week to as low as 1.6468 (met our indicated downside target at 1.6618 and 1.6498) this Monday, however, as sterling has rebounded from there, suggesting cons...

The GBP/USD traded close to a bullish trend-line since the middle of October until it lost the support one month later. Having the currency pair crossed the trend-line it rebounded and fell near to it...

Despite early anticipated rebound to 1.7113 (our indicated upside retracement target was 1.7105 - 50% retracement of 1.8091-1.6118), as the British pound retreated sharply from there, suggesting the r...

Although the British pound rose to 1.7113 yesterday, sterling faltered just below the Kijun-Sen (now at 1.7116) and initial consolidation would be seen and fall to 1.6800 cannot be ruled out, however,...

The British pound has moved higher again, reinforcing our view that the first leg of wave 5 has ended at 1.6118 earlier and further consolidation above this level would take place and sterling is head...

Since the middle of October, the GBP has been trading in a bullish trend against the CHF. Currently, the currency pair touches its bottom line of the Bollinger Bands. When it touched the bottom line, ...

The British pound continued to edge higher in line with our expectation and indicated upside target at 1.6880 (38.2% Fibonacci retracement of 1.8114 to 1.6118) has been met and gain towards the Kijun-...

The British pound continued to recover in line with our expectation that the first leg of wave 5 has possibly ended at 1.6118 and further consolidation above this level would take place and price exce...

During October the EUR/USD has gained inside a bullish trend channel. After it touched the lower line of the channel several times, it finally broke through it and fell to the support level of around ...

Despite falling marginally to 1.6118 last week, the rebound from there suggests the decline from 1.8114 has formed a temporary low there and price is testing the Tenkan-Sen now, suggesting further gai...

Despite last week's anticipated decline to 1.6118, the rebound from there suggests the first leg of wave 5 has possibly ended there, so consolidation above this level would take place and correction t...

Since the middle of September, the GBP has been trading in a bearish trend against the CHF. During this time, the currency pair could always recover when it touched the bottom Bollinger Band and climb...

The British pound extended recent decline from 1.8114 as expected in our previous update and our downside targets at 1.6618/24 (50% Fibonacci retracement of 1.5122 to 1.8114 and previous support) and ...

Although the British pound rebounded after falling to 1.6221 (almost reached our indicated downside target at 1.6200), as 1.6733 has capped sterling's upside, bearishness remains for decline from 1.81...

Since the beginning of September, the NZD has been trading in a bullish trend. Now, the NZD reached the bottom of the Bollinger Bands. Five times before, when it touched the low Bollinger Band, it rec...

Last week's anticipated decline reinforced our bearish view that the correction from 1.5122 has ended at 1.8114 earlier, although our indicated downside target at 1.6900 has just been met, our bearish...

The British pound fell again as expected and the break of indicated support at 1.6982 (50% Fibonacci retracement of 1.5849 to 1.8114) reinforced our bearish count that c leg of wave 4 has ended at 1.8...

At the beginning of September, the GBP/CHF has entered the downward Fibonacci fan and reached the upper line of the fan. After finally breaking the upper fanline and the middle weekly pivot point, the...

Although the British pound found support right at the Ichimoku cloud bottom, we are keeping our bearish view that the rise from 1.5122 has formed a temporary top at 1.8114 earlier and downside bias re...

Although sterling recovered after falling to 1.7157 earlier and minor consolidation would take place, we are keeping our view that top has possibly been formed at 1.8114 and upside should be limited t...

The anticipated retreat from 1.8091 has reinforced our bearish view that top has been formed at 1.8114 earlier and our indicated downside targets at 1.7391 has been met. The series of black candlestic...

As the retreat from 1.8091 has kept sterling under pressure, retaining our mildly bearish view that the c leg as well as the wave 4 correction from 1.5122 and our first downside target at 1.7448 has b...

Having the currency pair lost firstly its support at 132.85 at the beginning of July, the countermovement drew an S+H+S formation, which heralded a trend-reversal, though failed anew to cross its resi...

Despite rising to as high as 1.8091 last week, the retreat from there suggests further consolidation below 1.8114 to take place and a weekly close below the Tenkan-Sen (now at 1.7752) would bring anot...

Price action on GBP/CHF, a daily chart of which is shown, has been displaying a close adherence to and respect of certain technical levels, both in the form of horizontal support and resistance levels...

Although the British pound rose to 1.8091 last week, as price has retreated after faltering below previous resistance at 1.8114, suggesting further consolidation below there would take place and it is...

The British pound remained confined inside a narrow range and further sideways consolidation cannot be ruled out, however, as the price action from recent high of 1.8114 still looks corrective in natu...

Since the beginning of June, the AUD/USD has been trading in a downward trend channel. After touching the low at 0.7710, the currency rebounded extremely and left the bearish trend formation. But the ...

The euro has gained 150 points on yesterday, reaching the 1.4250 projected target. It is clear enough that it is approaching the 1.4340 top, which may be tested on the coming days - until the month's ...

After falling to a multi-decade low at 1.5122 in December 2008, a 'morning star' reversal pattern was formed on the weekly chart (and the star itself is a hammer), suggesting a temporary low has been ...

Since the beginning of February, the NZD/JPY has been moving along a bullish Fibonacci fan. After entering the fan and touching the middle line, the currency pair turned back and crossed the 60.37 res...

Although the British pound retreated after early rise from 1.8114, as this move is still viewed as the minor wave (iii) of the c leg from 1.5849, hence the pullback from there is wave (iv) which shoul...

Since the middle of June, the AUD/NZD has been trading in a downward trend channel. But for now the pair stopped the movement at the support level and rebounded to the upper duct line. Simultaneously,...

Since the 28th of April, the GBP/CHF has been moving inside a bullish trend channel. It has reached the highest level since April 15th. The market seems to be in a recovery phase. If the pair breaks t...

Since the beginning of April, the currency pair has been trading in a bullish trend-channel and climbed over the 1.7200 level. Yesterday the GBP/CHF crossed within two 120- minutes candlesticks its tr...

The rally from the December low reached 1.75 and the advance is in 3 waves and fits as wave 4 within the 5 wave decline from the 2007 high. A drop below 1.5113 (December low) could occur in order to c...