September 21, 2012 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for September 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 bearish in 1 hour chart. Intraday resistance is present at 1.0496 price level. So, as long as price stay below 1.0496 resistance level, look for sell trades. If bullish candlestick closes above 1.0496 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 102.52 price level. So, as long as price stay below 102.52 resistance level, look for sell trades. If bullish candlestick closes above 102.52 critical resistance level then down trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.2857 price level. So, as long as price stay above 1.2857 support level, look for buy trades. If bearish candlestick closes below 1.2857 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.6161 price level. So, as long as price stay above 1.6161 support level, look for buy trades. If bearish candlestick closes below 1.6161 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9417 price level. So, as long as price stay below 0.9417 resistance level, look for sell trades. If bullish candlestick closes above 0.9417 critical resistance level then down trend is going to end.

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