May 25, 2012 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for May 25, 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 0.9933 price level. So, as long as price stay below 0.9933 resistance level, look for sell trades. If bullish candlestick closes above 0.9933 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 102.13 price level. So, as long as price stay below 102.13 resistance level, look for sell trades. If bullish candlestick closes above 102.13 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2824 price level. So, as long as price stay below 1.2824 resistance level, look for sell trades. If bullish candlestick closes above 1.2824 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5847 price level. So, as long as price stay below 1.5847 resistance level, look for sell trades. If bullish candlestick closes above 1.5847 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9366 price level. So, as long as price stay above 0.9366 support level, look for buy trades. If bearish candlestick closes below 0.9366 critical support level then up trend is going to end.

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