September 4, 2012 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for September 4, 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 1.0353 price level. So, as long as price stay below 1.0353 resistance level, look for sell trades. If bullish candlestick closes above 1.0353 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 97.71 price level. So, as long as price stay above 97.71 support level, look for buy trades. If bearish candlestick closes below 97.71 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2637 price level. So, as long as price stay below 1.2637 resistance level, look for sell trades. If bullish candlestick closes above 1.2637 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5912 price level. So, as long as price stay below 1.5912 resistance level, look for sell trades. If bullish candlestick closes above 1.5912 critical resistance level then down trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9659 price level. So, as long as price stay below 0.9659 resistance level, look for sell trades. If bullish candlestick closes above 0.9659 critical resistance level then down trend is going to end.

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