Daily Elliott Wave Video Analysis — November 23, 2012

The daily Elliott Wave analysis video for November 23, 2012, is available here. The video will always remain accessible via the current link for future reference. 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 watch the video in a fullscreen mode.


AUD/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.0457 price level. So, as long as price stay below 1.0457 resistance level, look for sell trades. If bullish candlestick closes above 1.0457 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 105.69 price level. So, as long as price stay above 105.69 support level, look for buy trades. If bearish candlestick closes below 105.69 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.2828 price level. So, as long as price stay above 1.2828 support level, look for buy trades. If bearish candlestick closes below 1.2828 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5881 price level. So, as long as price stay above 1.5881 support level, look for buy trades. If bearish candlestick closes below 1.5881 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9457 price level. So, as long as price stay below 0.9457 resistance level, look for sell trades. If bullish candlestick closes above 0.9457 critical resistance level then down trend is going to end.

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