Elliott Wave Daily

The greenback ran into heavy selling pressure at 1.2837 earlier this week and has dropped sharply, suggesting the rebound from 1.2665 has ended there and consolidation with downside bias remains fo...

Elliott Wave Daily

Although the single currency slipped again to 131.23 earlier today, as price has rebounded again after holding above previous support at 131.17 (this week’s low), suggesting further consolidation...

Elliott Wave Daily

As the single currency has remained under pressure after retreating from 0.9015 (last week’s high), adding credence to our view that top has possibly been formed there and bearishness remains for...

Elliott Wave Daily

Although cable has continued trading with a relatively firm undertone after recent rebound and marginal gain above resistance at 1.3260 (last week’s high) cannot be ruled out, as broad outlook re...

Elliott Wave Daily

Although sterling fell to 147.65 earlier this week, the subsequent rebound suggests consolidation above this level would be seen and recovery to149.00, then 149.45-55 cannot be ruled out, however, ...

Elliott Wave Daily

Although the greenback continued edging higher after rebounding from 1.2665, suggesting near term upside risk remains for gain towards 1.2850-60, however, a firm break above this level is needed to...

Elliott Wave Daily

Despite dropping sharply to 131.17 initially yesterday, lack of follow through selling on break of previous support at 131.40 and the subsequent rebound suggest further choppy trading would be seen...

Elliott Wave Daily

As aussie has remained under pressure after recent anticipated selloff, adding credence to our bearish view that recent decline from 0.8125 top is still in progress, hence downside bias remains for...

Elliott Wave Daily

The single currency has fallen again after meeting renewed selling interest at 0.8954, adding credence to our view that top has possibly been formed at 0.9015 last week, bearishness remains for the...

Elliott Wave Daily

Although cable has maintained a relatively firm undertone after recent rebound and marginal gain above resistance at 1.3260 (last week’s high) cannot be ruled out, as broad outlook remains consol...

Elliott Wave Daily

Despite falling to 147.65 earlier today, current rebound suggests consolidation above this level would be seen and recovery to 148.90-00 cannot be ruled out, however, reckon resistance at 149.45-55...

Elliott Wave Daily

Current rebound suggests near term upside risk remains for gain to 1.2820 and possibly 1.2850-60, however, a firm break above this level is needed to signal the correction from 1.2917 has ended, br...

Elliott Wave Daily

Although the single currency rose to 0.9015 yesterday, the subsequent retreat suggests consolidation below said resistance would be seen and weakness to 0.8870-75 is likely, below there would exten...

Elliott Wave Daily

Although cable rebounded again yesterday to 1.3214, as price has retreated again after faltering below indicated resistance at 1.3230, retaining our view that further consolidation would be seen an...

Elliott Wave Daily

Although sterling slipped again yesterday to as low as 148.10, as the pound has rebounded again after holding above support at 148.05, retaining our view that further consolidation would take place...

Elliott Wave Daily

Although the single currency has retreated after rising to 133.89 and consolidation below this level would be seen, reckon downside would be limited to 132.95-00 and bring another rise later, above...