October 7, 2011 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for October 7, 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 0.9727 price level. So, as long as price stay above 0.9727 support level, look for buy trades. If bearish candlestick closes below 0.9727 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 102.77 price level. So, as long as price stay above 102.77 support level, look for buy trades. If bearish candlestick closes below 102.77 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3401 price level. So, as long as price stay above 1.3401 support level, look for buy trades. If bearish candlestick closes below 1.3401 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5421 price level. So, as long as price stay above 1.5421 support level, look for buy trades. If bearish candlestick closes below 1.5421 critical support level then up trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9145 price level. So, as long as price stay above 0.9145 support level, look for buy trades. If bearish candlestick closes below 0.9145 critical support level then up trend is going to end.

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