April 10, 2012 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for April 10, 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 bearish in 1 hour chart. Intraday resistance is present at 1.0387 price level. So, as long as price stay below 1.0387 resistance level, look for sell trades. If bullish candlestick closes above 1.0387 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 107.81 price level. So, as long as price stay below 107.81 resistance level, look for sell trades. If bullish candlestick closes above 107.81 critical resistance level then down trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3032 price level. So, as long as price stay above 1.3032 support level, look for buy trades. If bearish candlestick closes below 1.3032 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5886 price level. So, as long as price stay above 1.5886 support level, look for buy trades. If bearish candlestick closes below 1.5886 critical support level then up trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9002 price level. So, as long as price stay above 0.9002 support level, look for buy trades. If bearish candlestick closes below 0.9002 critical support level then up trend is going to end.

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