September 21, 2011 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for September 21, 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 bearish in 1 hour chart. Intraday resistance is present at 1.0396 price level. So, as long as price stay below 1.0396 resistance level, look for sell trades. If bullish candlestick closes above 1.0396 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 106.97 price level. So, as long as price stay below 106.97 resistance level, look for sell trades. If bullish candlestick closes above 106.97 critical resistance level then down trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3498 price level. So, as long as price stay above 1.3498 support level, look for buy trades. If bearish candlestick closes below 1.3498 critical support level then up trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5867 price level. So, as long as price stay below 1.5867 resistance level, look for sell trades. If bullish candlestick closes above 1.5867 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.8646 price level. So, as long as price stay above 0.8646 support level, look for buy trades. If bearish candlestick closes below 0.8646 critical support level then up trend is going to end.

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