March 19, 2012 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for March 19, 2012, 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 1.0507 price level. So, as long as price stay above 1.0507 support level, look for buy trades. If bearish candlestick closes below 1.0507 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 108.56 price level. So, as long as price stay above 108.56 support level, look for buy trades. If bearish candlestick closes below 108.56 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3191 price level. So, as long as price stay below 1.3191 resistance level, look for sell trades. If bullish candlestick closes above 1.3191 critical resistance level then down trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5691 price level. So, as long as price stay above 1.5691 support level, look for buy trades. If bearish candlestick closes below 1.5691 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9254 price level. So, as long as price stay below 0.9254 resistance level, look for sell trades. If bullish candlestick closes above 0.9254 critical resistance level then down trend is going to end.

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