October 31, 2011 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for October 31, 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 1.0320 price level. So, as long as price stay above 1.0320 support level, look for buy trades. If bearish candlestick closes below 1.0320 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 104.73 price level. So, as long as price stay above 104.73 support level, look for buy trades. If bearish candlestick closes below 104.73 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3797 price level. So, as long as price stay above 1.3797 support level, look for buy trades. If bearish candlestick closes below 1.3797 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5889 price level. So, as long as price stay above 1.5889 support level, look for buy trades. If bearish candlestick closes below 1.5889 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.8857 price level. So, as long as price stay below 0.8857 resistance level, look for sell trades. If bullish candlestick closes above 0.8857 critical resistance level then down trend is going to end.

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