Elliott Wave Daily

Although the single currency extended recent fall to as low as 0.8690 last Friday, the subsequent reversal suggests low has possibly been formed there and consolidation with mild upside bias is see...

Elliott Wave Daily

Despite rising to 1.3521 on Friday, lack of follow through buying and the subsequent retreat suggest recent upmove is not ready to resume and further consolidation below this month’s high at 1.35...

Elliott Wave Daily

The greenback found decent demand at 1.2623 and staged a much stronger-than-expected rebound, dampening our bearishness and suggesting low has been formed there at 1.2623, hence upside risk remains...

Elliott Wave Daily

Although the single currency fell to as low as 132.26, as euro found decent demand there and has staged a strong rebound, suggesting the pullback from 134.38 has possibly ended there and consolidat...

Elliott Wave Daily

As the greenback recovered after falling to 1.2623, suggesting consolidation above this level would be seen and corrective bounce to 1.2720-30 cannot be ruled out, however, as top has been formed e...

Elliott Wave Daily

Although the single currency recovered after anticipated fall to 0.8756 and consolidation above this level would be seen, reckon upside would be limited to 0.8880-85 and bring another decline, belo...

Elliott Wave Daily

Despite staging a rebound from 132.91 to 134.05 (yesterday’s high), lack of follow through buying and the subsequent retreat suggest further choppy trading would be seen and weakness towards said...

Elliott Wave Daily

The greenback faltered below resistance at 1.2917 and has tumbled, suggesting further consolidation below said resistance would be seen and the breach of previous support at 1.2665 suggests bearish...

Elliott Wave Daily

Although aussie rebounded after finding support at 0.7551 and further consolidation above recent low at 0.7532 would be seen, reckon last week’s high at 0.7645 would limit upside and bring anothe...

Elliott Wave Daily

Although sterling’s rally above previous resistance at 151.90 adds credence to our view that entire correction from 152.85 top has ended at 146.95 earlier, as price has retreated from 152.45, min...

Elliott Wave Daily

The greenback has rallied after holding above support at 1.2672 and bore above resistance at 1.2837, suggesting correction from 1.2917 has ended and retest of this level would be seen, however, bre...

Elliott Wave Daily

Despite falling to 131.72 earlier this week, as euro found good support there and has staged another strong rebound, mild upside bias is seen for gain to 133.50, however, as broad outlook remains c...

Elliott Wave Daily

As aussie has remained under pressure after retreating from 0.7645, near term downside risk remains and consolidation with mild downside bias is seen for weakness towards 0.7532 (last week’s low)...

Elliott Wave Daily

As cable found renewed buying interest at 1.3221 yesterday and has rallied, reinforcing our bullishness for recent erratic rise from 1.3027 low to extend further gain to 1.3450, however, near term ...

Elliott Wave Daily

Although sterling dropped briefly to 147.00 yesterday, as the pound found good support there and has staged a strong rebound, suggesting low has possibly been formed there and consolidation with up...

Elliott Wave Daily

The greenback continued finding decent demand above previous support at 1.2665, suggesting further consolidation above this level would be seen and test of indicated resistance at 1.2937 cannot be ...