Elliott Wave Daily

As the single currency has retreated after rising to 0.8995 on Friday, suggesting consolidation below this level would be seen and pullback to 0.8900 cannot be ruled out, however, reckon downside w...

Elliott Wave Daily

The greenback has fallen again after brief recovery, reinforcing our view that recent downtrend is still in progress, we took the count that wave v as well as wave (C) ended at 1.3794 and impulsive...

Elliott Wave Daily

As cable has rebounded again after brief pullback, suggesting near term upside risk remains for the recovery from 1.2933 (last week’s low) to bring further gain to 1.3062, however, if our view th...

Elliott Wave Daily

Sterling has remained under pressure after last week’s selloff, suggesting temporary top has been formed at 147.75 earlier this month and consolidation with mild downside bias remains for this fa...

Elliott Wave Daily

Although the single currency staged a stronger-than-expected to 130.51 late last week, the subsequent retreat has retained our view that further consolidation below recent high of 130.77 and test o...

Elliott Wave Daily

Although aussie has rebounded after finding support at 0.7875 late last week, break of recent high at 0.7990 is needed to confirm recent upmove has resumed and extend gain to 0.8040-50 but loss of ...

Elliott Wave Daily

As the single currency has maintained a firm undertone after breaking resistance at 0.8950, confirming our view that recent upmove has resumed and upside bias remains for test of psychological resi...

Elliott Wave Daily

The greenback has continued trading defensively after recent selloff, adding credence to our view that recent downtrend is still in progress, we took the count that wave v as well as wave (C) ended...

Elliott Wave Daily

Although cable has recovered after finding support at 1.29\33 yesterday and consolidation above this level would be seen today, if our view that a temporary top is possibly formed at 1.3126 is corr...

Elliott Wave Daily

Sterling has fallen again after brief recovery, adding credence to our view that further consolidation below last week’s high at 147.75 would be seen and mild downside bias remains for retracemen...

Elliott Wave Daily

Although euro’s rebound turned out to be stronger than expected and upside risk is seen for a retest of recent high at 130.77, however, break there is needed to retain bullishness and signal rece...

Elliott Wave Daily

As aussie met renewed selling interest at 0.7970 and has retreated again, retaining our view that further consolidation below this week’s high of 0.7990 would be seen and initial downside risk re...

Elliott Wave Daily

As the single currency has risen again after finding support at 0.8829, suggesting near term upside risk remains and gain to resistance at 0.8950 cannot be ruled out, however, beak there is needed ...

Elliott Wave Daily

The greenback has remained under pressure, suggesting recent downtrend is still in progress, adding credence to our bearish view and we took the count that wave v as well as wave (C) ended at 1.379...

Elliott Wave Daily

Cable’s retreat after early brie rise to 1.3126 has retained our view that a temporary top is possibly formed there and consolidation below this level is seen with mild downside bias for weakness...

Elliott Wave Daily

Sterling’s retreat after rising to 147.60 earlier this week suggests further consolidation below last week’s high at 147.75 would be seen and mild downside bias remains for for test of 145.30 s...

Elliott Wave Daily

Although the single currency has rebounded after holding above indicated previous support at 128.49, suggesting further consolidation would be seen and gain to 129.50 cannot be ruled out, however, ...

Elliott Wave Daily

As aussie has retreated after rising to 0.7990, suggesting a minor top is possibly formed there and consolidation with initial downside bias is for correction to 0.7840-50, however, reckon downside...

Elliott Wave Daily

Although the single currency retreated after rising briefly to 0.8950 last week, as euro found support at 0.8743 and has staged a strong rebound, suggesting further choppy trading would be seen but...

Elliott Wave Daily

The greenback only recovered to 1.2944 before dropping again, adding credence to our bearish view and we took the count that wave v as well as wave (C) ended at 1.3794 and impulsive wave (i ii, i i...

Elliott Wave Daily




Although cable resumed recent rise as suggested in our previous update (we recommended to buy at 1.2835 and a long position was entered, indicated upside target at 1.3000 was met as well w...