April 15, 2011 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for April 15, 2011, is available here. The video will always remain accessible via the current link for a future relevance. You can use it to check the accuracy of our Elliott Wave forecasts or for your self-education in such analysis.

It is recommended to view the videos in a full screen mode.


AUD/USD
Trend is bullish in 1 hour time frame. Intraday support is present at 1.0287 price level. So, as long as price stay above 1.0287 support level, look for buy trades. However; bearish divergence is present with MACD and AUD/USD currency pair may break below 1.0287 support level. There are signs of completed 5 waves impulsive pattern. Now, if bearish candlestick closes below 1.0287 critical support level then up trend is going to end.

EUR/JPY
Trend is sideways in 1 hour chart. Price is below the 200 period ema. Intraday support is present at 119.25 and intraday resistance is present at 121.46. It is better to stay out until price go above 121.46 resistance level or break below 119.25 support level.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.4365 and intraday resistance is present at 1.4513. Price is above the 200 period ema. So, as long as price stay above 1.4365 support level, look for buy trades. If bearish candlestick closes below 1.4365 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour time frame. Currently, price is above the 200 period ema. Intraday support is present at 1.6224 price level. So, as long as price stay above 1.6224 support level, look for buy trades. If bearish candlestick closes below 1.6224 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour time frame. Intraday resistance is present at 0.9339. So, as long as price stay below 0.9339 resistance level, look for sell trades. If bullish candlestick closes above 0.9339 critical resistance level then down trend is going to end.

Below, you can browse the archives of the previous daily videos:

Monday Tuesday Wednesday Thursday Friday Saturday Sunday
123
45678910
11121314151617
18192021222324
252627282930

2018:
January, February, March, April.

2017:
January, February, March, April, May, June, July, August, September, October, November, December.

2016:
January, February, March, April, May, June, July, August, September, October, November, December.

2015:
January, February, March, April, May, June, July, August, September, October, November, December.

2014:
January, February, March, April, May, June, July, August, September, October, November, December.

2013:
January, February, March, April, May, June, July, August, September, October, November, December.

2012:
January, February, March, April, May, June, July, August, September, October, November, December.

2011:
March, April, May, June, July, August, September, October, November, December.

You can discuss these daily Elliott Wave analysis videos on our technical analysis Forex forum.