September 2, 2011 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for September 2, 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 chart. Intraday support is present at 1.0312 price level. So, as long as price stay above 1.0312 support level, look for buy trades. If bearish candlestick closes below 1.0312 critical support level then up trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 110.95 price level. So, as long as price stay below 110.95 resistance level, look for sell trades. If bullish candlestick closes above 110.95 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.4425 price level. So, as long as price stay below 1.4425 resistance level, look for sell trades. If bullish candlestick closes above 1.4425 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.6452 price level. So, as long as price stay below 1.6452 resistance level, look for sell trades. If bullish candlestick closes above 1.6452 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.7766 price level. So, as long as price stay above 0.7766 support level, look for buy trades. If bearish candlestick closes below 0.7766 critical support level then up trend is going to end.

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