April 27, 2012 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for April 27, 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 1.0312 price level. So, as long as price stay above 1.0312 support level, look for buy trades. If bearish candlestick closes below 1.0312 critical support level then up trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 108.00 price level. So, as long as price stay below 108.00 resistance level, look for sell trades. If bullish candlestick closes above 108.00 critical resistance level then down trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3104 price level. So, as long as price stay above 1.3104 support level, look for buy trades. If bearish candlestick closes below 1.3104 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.6075 price level. So, as long as price stay above 1.6075 support level, look for buy trades. If bearish candlestick closes below 1.6075 critical support level then up trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9065 price level. So, as long as price stay above 0.9065 support level, look for buy trades. If bearish candlestick closes below 0.9065 critical support level then up trend is going to end.

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