GBP/USD Elliott Wave Analysis
Despite rebounding to 1.3321 last week, as sterling retreated again after faltering below indicated previous resistance at 1.3338, retaining our bearishness, however, the subsequent bounce from 1.3039...
View ArticleUSD/CHF Elliott Wave Analysis
The greenback traded narrowly after meeting resistance at 1.0139 late last month, suggesting minor consolidation would be seen and although pullback to 0.9940-50 cannot be ruled out, reckon downside...
View ArticleEUR/JPY Elliott Wave Analysis
Although the single currency fell marginally to 131.40 earlier this week, lack of follow through selling suggests consolidation would be seen and recovery to 133.00-10 cannot be ruled out, however,...
View ArticleUSD/JPY Elliott Wave Analysis
As the greenback has retreated after rising briefly to 114.74 early last week, suggesting consolidation below this level would be seen and pullback to 113.00-10 cannot be ruled out, however, reckon...
View ArticleGBP/USD Elliott Wave Analysis
Although cable met resistance at 1.3230 and retreated, as sterling found support at 1.3062 earlier this week and has rebounded, suggesting further consolidation above recent support at 1.3027 would...
View ArticleUSD/CHF Elliott Wave Analysis
The greenback retreated after faltering below resistance at 1.0039, retaining our view that further consolidation below this level would be seen, however, still reckon downside would be limited to...
View ArticleEUR/JPY Elliott Wave Analysis
Although the single currency rebounded after finding support at 131.40 earlier this month, reckon upside would be limited to 133.80-85 and recent high at 134.50 should hold, bring another retreat...
View ArticleEUR/USD Elliott Wave Analysis
Euro’s stronger-than-expected rebound from 1.1554 dampened our bearishness an signal the corrective fall from 1.2093 top has possibly ended there, hence consolidation with upside bias is seen for gain...
View ArticleUSD/JPY Elliott Wave Analysis
Although the greenback dropped again since last week, as this move from 114.74 is still viewed as retracement of recent upmove, reckon downside would be limited to 111.85-90 and previous support at...
View ArticleGBP/USD Elliott Wave Analysis
Although cable has recovered after finding support at 1.3039 earlier and gain towards 1.3338 resistance is likely, above there is needed to retain bullishness and signal the fall from 1.3658 top has...
View ArticleUSD/CHF Elliott Wave Analysis
Despite rebounding last week, as the greenback ran into renewed selling interest at 0.9947 and has dropped again this week, dampening our bullishness and suggesting the corrective decline from 1.0039...
View ArticleEUR/USD Elliott Wave Analysis
The single currency only eased to 1.1713 last week before finding renewed buying interest (just missed our long entry at 1.1700) and broke above previous resistance at 1.1861-80, adding credence to our...
View ArticleUSD/JPY Elliott Wave Analysis
Dollar’s stronger-than-expected retreat from 114.74 signals top has been formed there, this also indicate at least the first leg of correction from 107.32 has ended there, hence consolidation with mild...
View ArticleGBP/USD Elliott Wave Analysis
Although cable retreated initially this week, renewed buying interest emerged at 1.3221 and the pair has surged again, adding credence to our bullish view that the erratic rise from 1.3027 is still in...
View ArticleUSD/CHF Elliott Wave Analysis
Despite falling to 0.9778 initially this week, as dollar found support there and has rebounded, suggesting consolidation with initial upside bias would be seen and recovery to 0.9900 cannot be ruled...
View ArticleEUR/JPY Elliott Wave Analysis
Although the single currency did fall earlier this month to as low as 131.17 (our short position entered at 133.50 met target at 131.50 with 200 points profit), as euro found renewed buying interest...
View ArticleEUR/USD Elliott Wave Analysis
As the single currency retreated after meeting resistance at 1.1961 early last week, suggesting consolidation below this level would be seen, however, reckon downside would be limited to 1.1800-10 and...
View ArticleUSD/JPY Elliott Wave Analysis
Dollar found renewed buying interest at 111.41 on Friday and has staged a strong rebound, dampening our bearishness and suggesting low has been formed at 110.84 last week, hence consolidation with...
View ArticleGBP/USD Elliott Wave Analysis
Although cable found renewed buying interest at 1.3221 and rallied to 1.3550, the subsequent retreat suggests consolidation below this level would be seen and as long as said resistance hold, mild...
View ArticleUSD/CHF Elliott Wave Analysis
Although the greenback extended recent fall from 1.0039 to as low as 0.9735 late last week, as dollar found decent demand there and has staged a strong rebound, suggesting low has been formed there and...
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