USD/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...
View ArticleEUR/JPY Elliott Wave Analysis
Although the single currency retreated after meeting resistance at 134.38 and further consolidation below recent high at 134.50 would be seen, as euro found renewed buying interest at 132.26 and...
View ArticleEUR/USD Elliott Wave Analysis
The single currency dropped last week on dollar’s broad-based rebound and the pair fell to as low as 1.1730 late last week, suggesting top has possibly been formed at 1.1961, hence consolidation below...
View ArticleUSD/JPY Elliott Wave Analysis
The greenback found renewed buying interest at 111.99 and has rallied again, suggesting the rebound from 110.84 is still in progress and may extend gain to 113.91 resistance, break there would signal...
View ArticleGBP/USD Elliott Wave Analysis
Although cable rebounded last week to as high as 1.3521, renewed selling interest emerged there and the British pound has slipped again, retaining our view that further consolidation below 1.3550 would...
View ArticleUSD/CHF Elliott Wave Analysis
Although the greenback retreated after meeting resistance at 0.9978, as the strong rebound from 0.9735 signals correction from 1.0039 has ended there, reckon downside would be limited to 0.9800-10 and...
View ArticleEUR/JPY Elliott Wave Analysis
Despite this week’s initial marginal gain to 133.89, renewed selling interest emerged there and the pair has dropped sharply from there, price broke below previous support at 132.26, dampening our...
View ArticleEUR/USD Elliott Wave Analysis
The single currency met resistance at 1.1863 last week and has retreated, retaining our view that further consolidation below resistance at 1.1961 would be seen and test of support at 1.1713-17 cannot...
View ArticleUSD/JPY Elliott Wave Analysis
The greenback only slipped to 112.03 late last week before rebounding (just missed our long entry at 112.00) and gain to 113.00-05 cannot be ruled out, however, as outlook remains consolidative, reckon...
View ArticleGBP/USD Elliott Wave Analysis
As cable met resistance at 1.3466 and retreated again, retaining our bearishness and as long as this level holds, mild downside bias remains for another test of 1.3302 support, break there would extend...
View ArticleUSD/CHF Elliott Wave Analysis
Although the greenback met resistance at 0.9935 last week and price has slipped again this week, reckon downside would be limited to 0.9800-10 and bring another rise later, above said resistance at...
View ArticleEUR/JPY Elliott Wave Analysis
The single currency found renewed buying interest at 132.05 last week and has rallied above indicated previous resistance at 134.50, confirming medium term upmove has resumed and may extend further...
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