EUR/GBP failed below 0.9137 again and dropped sharply to as low as 0.8914 last week. The cross drew support from 55 days EMA and rebounded strongly. Such development mixed up the outlook. Also, consid...

Last week, it the USD crosses such as the EUR/USD and GBP/USD were showing signs of reversal after greenback dominance for end of 2009 and most of 2010 so far. However, by week's end, the greenback pr...

EUR/GBP recovers mildly after dropping to 0.8914 and with 4 hours MACD crossed above signal line, intraday bias is turned neutral for the moment. Some more recovery might be seen but after all short t...

The GBP/JPY pair is still controlled by the connected bearish harmonic formation as seen on the provided four-hour chart. Thereby, possible bearishness could be seen over intraday basis, supported by ...

EUR/GBP Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead....

Connected bearish harmonic structures controlled the movements of the GBP/JPY pair and it is clear that, yesterday's expected bullishness has been limited around 61.8% Fibonacci level at 139.30 as see...

EUR/GBP's fall from 0.9132 extends further to as low as 0.8942 today so far and the break of 38.2% retracement of 0.8662 to 0.9137 at 0.8956 is taken as the first signal that whole rise from 0.8610 is...

EUR/GBP Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead. ...

Although the single currency attempt on the upside several times in these 3 weeks, as price continued to met selling pressure below previous resistance at 0.9154, suggesting further consolidation woul...

EUR/GBP's consolidation from 0.9137 is still in progress and another fall cannot be ruled out. But still, downside is expected to be contained by 38.2% retracement of 0.8662 to 0.9137 at 0.8956 to con...

Yesterday's inclines have caused a decisive breakout above the initial resistance of 137.30 zones, opening the door for a harmonic CD leg of a harmonic pattern to be completed as seen on the provided ...

The GBP declined versus all of its 16 most traded counterparts and dropped against the USD the most in two weeks as a national poll showed that the U.K. may face a minority government after the upper ...

EUR/GBP Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead. Intraday: the rebound from 0,9050 keeps threatening 0,9...

Intraday bias in EUR/GBP remains neutral for the moment as consolidations from 0.9317 continues. Another fall cannot be ruled but after all, downside is expected to be contained by 38.2% retracement o...

Yesterday's bearish engulfing candlestick pattern, which is seen obviously on the secondary daily chart signaled that, the allover bearishness of the negative harmonic AB=CD pattern might continue ove...

Not easy and not obvious as we remain trapped between 'channel' resistance and pivotal support at 88.00. Elements of the Ichimoku 'cloud' chart are mixed with moving averages hinting at a long positio...

EUR/GBP Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead. Intraday: new intraday support at 0,9045 appears to be ...

EUR/GBP's consolidation from 0.9137 is still in progress and deeper fall might be seen to 0.8980 support. Nevertheless, we'd expect downside to be contained by 38.2% retracement of 0.8662 to 0.9137 at...

The GBP/JPY is still forming the CD leg of our suggested duplicated bearish harmonic formation, where the Fibonacci level of 61.8% for XA leg meets 161.8% Fibonacci level of BC leg at 139.15 zones. Th...

EUR/GBP edged higher to 0.9132 last week but failed below 0.9137 retreat and retreated sharply. The development suggests that consolidation from 0.9137 is still in progress and fall from 0.9132 should...

This was basically a week of continuing consolidation, except for the USD/CAD which is looking seriously at the parity scenario. The coming weeks may be crucial as the markets test important powerline...

EUR/GBP Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead....

EUR/GBP failed below 0.9137 resistance and the break of 0.9076 minor support indicates that an intraday top is in place at 0.9132 and turned bias neutral. The development suggests that consolidation f...

The pure harmonic studies prove that, the GBP/JPY pair is currently forming the CD leg for a duplicated harmonic formation as seen on the provided four-hour chart. The pair might move upwards over int...

The single currency maintained a firm undertone against the British pound and we are keeping our count that the wave B from 0.9413 has ended at 0.8603 and break of resistance at 0.9154 would encourage...

EUR/GBP Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead. Intraday: the euro bulls could push above 0,9100 resist...

As noted before, EUR/GBP's retreat should have completed at 0.8980 already. Intraday bias remains on the upside for 0.9137 resistance and break there will confirm that whole rally from 0.8601 has resu...

The GBP/JPY pair is trapped within a tight range since yesterday but it succeeded in forming an obvious bearish candlestick formation as seen on the provided four-hour chart, where it also activated a...

Intraday bias in EUR/GBP remains on the upside for a test on 0.9137 resistance. Break there will confirm that whole rally from 0.8601 has resumed and should target trend line resistance at 0.9213 next...

EUR/GBP Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead....

As disused before, EUR/GBP's retreat from 0.9137 might have completed at 0.8980 already. Intraday bias is cautiously on the upside. Break of 0.9137 will confirm that whole rise from 0.8601 has resumed...

Once more, a new attempt to stabilize above the key levels of 0.9070, which have turned into a support during the Asian session, confirming that the harmonic CD leg of our suggested harmonic formation...

The bigger picture of our previous explained Elliott count on the weekly basis came back into focus and it is still negatively pressuring the pair, pushing it to the downside. The secondary image of t...

EUR/GBP's break of 0.9048 minor resistance suggests that retreat from 0.9137 is already completed at 0.8980. Intraday bias is flipped back to the upside for retesting 0.9137 first. Break will confirm ...

Likely to remain trapped between 'channel' resistance and pivotal support at 88.00 for the rest of this month. Random moves will probably become ever smaller, fading ahead of targets, as the yen looks...

EUR/GBP Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead. Intraday: The retrace extension was well bid above 0.89...

EUR/GBP's correction from 0.9137 is still in progress and further fall could still be seen with 0.9048 minor resistance intact, possibly to 4 hours 55 EMA (now at 0.8967). But downside should be conta...

The EUR/JPY bounced strongly on past Friday, suggesting that the neckline of the previous discussed reversal classical pattern could be re-tested before resuming the downside rally inside the recently...

EUR/GBP spiked higher to 0.9137 last week but formed a short term top there and pulled back since then. Initial bias remains mildly on the downside this week and deeper fall could be seen to 4 hours 5...

Two weeks ago, the Greenback was the top performer, followed by the Japanese yen. Then, the Japanese yen we the highlight of last week. This week, the rotation comes to the commodity currencies such a...

Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead. Intraday: The triangle formed finally broke to the downside, bu...

The GBP/JPY pair succeeded in reaching the awaited reversal level of 134.25, where it formed a clear negative divergence on Stochastic as seen on the provided daily chart. According to our suggested E...

Intraday bias in EUR/GBP remains neutral for the moment and some more consolidations could be seen. Nevertheless, downside is expected to be contained by 38.2% retracement of 0.8662 to 0.9137 at 0.895...

The single currency surged after breaking indicated resistance at 0.8841 and rallied to as high as 0.9150 (easily met our indicated upside targets at 0.8990/00 and 0.9050/55) on Monday, however, as pr...

Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead. Intraday: the hourly chart shown above is showing a continuatio...

Intraday bias in EUR/GBP remains neutral for the moment and some more consolidations could be seen. Nevertheless, downside is expected to be contained by 38.2% retracement of 0.8662 to 0.9137 at 0.895...

The GBP/JPY pair approached the detected areas of reversal around 134.25, where it started to decline sharply claiming that the suggested 5th wave of the above shown Elliott count might have been star...

As the single currency found decent demand above support at 0.8603 and staged a strong rebound last month, suggesting further choppy consolidation within early established range of 0.8400-0.9805 would...

Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead. Intraday: the pair keeps pushing up supported by the 1 hour 50 ...

With 4 hours MACD crossed below signal line, an intraday top is in place at 0.9137 and bias is turned neutral. Some more consolidations might be seen and deeper pull back to 38.2% retracement of 0.866...