November 6, 2012 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for November 6, 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 1.0329 price level. So, as long as price stay above 1.0329 support level, look for buy trades. If bearish candlestick closes below 1.0329 critical support level then up trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 103.98 price level. So, as long as price stay below 103.98 resistance level, look for sell trades. If bullish candlestick closes above 103.98 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2842 price level. So, as long as price stay below 1.2842 resistance level, look for sell trades. If bullish candlestick closes above 1.2842 critical resistance level then down trend is going to end.

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

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9397 price level. So, as long as price stay above 0.9397 support level, look for buy trades. If bearish candlestick closes below 0.9397 critical support level then up trend is going to end.

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