Elliott Wave Daily

Despite this week’s anticipated resumption of recent rise, as the greenback has retreated sharply after faltering below indicated dynamic level at 1.2927 (50% Fibonacci retracement of 1.3547-1.20...

Elliott Wave Daily

Despite slipping to 1.3332 yesterday, the subsequent rebound suggests further choppy trading would be seen and another bounce to 1.3400 cannot be ruled out, however, a firm break above resistance a...

Elliott Wave Daily

The single currency has rallied and broke above previous resistance at 134.50, confirming recent upmove has resumed and we have relabeled our bullish count that, only wave v of iii ended at 134.50,...

Elliott Wave Daily

As aussie has maintained a firm under one after staging a strong rebound to 0.7695, adding credence to our view that a temporary low has been formed at 0.7501 and consolidation with upside bias rem...

Elliott Wave Daily

Despite falling marginally to 1.3302, lack of follow through selling on break of previous support at 1.3303 and the subsequent rebound to 1.3419 (Monday’s high) suggest further choppy trading wou...

Elliott Wave Daily

Although the single currency fell to as low as 132.05 late last week, the subsequent rebound suggests consolidation above this level would be seen and recovery to 133.00-10 cannot be ruled out, how...

Elliott Wave Daily

The single currency only slipped to 0.8760 (just missed our long entry at 0.8755) before finding renewed buying interest and the anticipated rally from there add credence to our view that low has p...

Elliott Wave Daily

As aussie has rallied after staged a strong rebound from 0.7501, adding credence to our view that a temporary low has been formed there and the breach of resistance at 0.7654 signals recent selloff...

Elliott Wave Daily

The greenback retreated after meeting resistance at 1.2880 and further consolidation below this level would be seen, however, reckon downside would be limited to 1.2750-60 and bring another rise, a...

Elliott Wave Daily

As cable found good support at 1.3303 and has staged a strong rebound, suggesting low has possibly been formed there and upside risk remains for further gain to 1.3460-70, however, reckon resistanc...

Elliott Wave Daily

Although the single currency retreated from 0.8847, early strong rebound from last week’s low of 0.8690 suggests low has possibly been formed there and consolidation with mild upside bias is seen...

Elliott Wave Daily

As the single currency has retreated after rising to 133.89, suggesting consolidation below this level would be seen and pullback to 133.00 is likely, however, reckon 132.60-70 would limit downside...

Elliott Wave Daily

The greenback met resistance at 1.2880 and minor consolidation is in store, however, reckon downside would be limited to 1.2750-60 and bring another rise, above 1.2880 would extend the rebound from...

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...