June 21, 2012 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for June 21, 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 1.0054 price level. So, as long as price stay above 1.0054 support level, look for buy trades. If bearish candlestick closes below 1.0054 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 99.80 price level. So, as long as price stay above 99.80 support level, look for buy trades. If bearish candlestick closes below 99.80 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2747 price level. So, as long as price stay below 1.2747 resistance level, look for sell trades. If bullish candlestick closes above 1.2747 critical resistance level then down trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5649 price level. So, as long as price stay above 1.5649 support level, look for buy trades. If bearish candlestick closes below 1.5649 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9572 price level. So, as long as price stay below 0.9572 resistance level, look for sell trades. If bullish candlestick closes above 0.9572 critical resistance level then down trend is going to end.

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