Elliott Wave Weekly

The single currency ran into heavy selling pressure at 1.5076 and has dropped sharply, the subsequent breach of previous support at 1.4478 signals early fall from 1.5259 is still in progress and ma...

Elliott Wave Weekly

The British pound found good support at 141.20 and has rallied from there since, dampening our bearishness and suggesting the fall from 147.75 has ended at 139.35 instead, hence upside bias is seen...

Elliott Wave Weekly

Sterling continued heading north and broke above recent high at 1.3269, confirming the medium term erratic rise from 1.1986 low has resumed and bullishness remains for this move to extend further g...

Elliott Wave Weekly

Although the single currency did resume recent upmove after finding support at 1.1823 late last month and gain towards 1.2090-00 cannot be rule out, loss of upward momentum should prevent sharp mov...

Elliott Wave Weekly

Although last week’s breach of support at 108.13 (this year’s low) confirms early decline from 118.66 top has resumed, lack of follow through selling on break of said support and current reboun...

Elliott Wave Weekly





Although the single currency recovered after finding good support at 129.37 this week, as renewed selling interest emerged at 131.09 yesterday and euro has retreated again, retaining ou...

Elliott Wave Weekly

Although the greenback has retreated after running into resistance at 0.9680 last week and initial downside risk of marginal weakness towards 0.9400, loss of near term downward momentum should limi...

Elliott Wave Weekly

Euro’s retreat after rising to 0.9307 last week has retained our view that 1-2 weeks of consolidation below this level would be seen and pullback to 0.9100-10 is likely, however, reckon 0.9060-65...

Elliott Wave Weekly

The greenback finally resumed recent decline after last week’s brief bounce to 1.2663, justifying our bearish count for recent decline to resume in minor wave v of wave C, our short position ente...

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...