October 1, 2011 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for October 1, 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 0.9880 price level. So, as long as price stay below 0.9880 resistance level, look for sell trades. If bullish candlestick closes above 0.9880 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 102.40 price level. So, as long as price stay above 102.40 support level, look for buy trades. If bearish candlestick closes below 102.40 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3679 price level. So, as long as price stay below 1.3679 resistance level, look for sell trades. If bullish candlestick closes above 1.3679 critical resistance level then down trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5430 price level. So, as long as price stay above 1.5430 support level, look for buy trades. If bearish candlestick closes below 1.5430 critical support level then up 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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