Posts Tagged ‘elliott wave analysis’
EUR/GBP Elliott Wave Analysis
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Thursday, 17 February 2011 10:22
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Although the single currency recovered to 0.8529 last week, renewed selling interest emerged there and euro has fallen again from there, dampening our bullishness and weakness to 0.8285 support cannot be ruled out, however, break there is needed to turn outlook bearish and signal the entire rise from 0.8067 is

 
USD/CAD Elliott Wave Analysis
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Thursday, 17 February 2011 10:16
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The greenback has remained under pressure after meeting renewed selling interest at 0.9988 last week (just faltered below indicated level at 1.0000), retaining our bearishness for downtrend to resume in wave v for weakness to 0.9800 and possibly towards 0.9680. Having said that, this wave v is likely to be

 
USD/JPY Elliott Wave Analysis
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Monday, 14 February 2011 10:32
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We missed our long entry at 81.50 as the greenback only retreated to 81.77 last Tuesday and the greenback staged a sharp rebound last week to as high as 83.68, adding credence to our view that the wave iv correction is possibly unfolding as a triangle with only a leg