December 4, 2012 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for December 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 bullish in 1 hour chart. Intraday support is present at 1.0336 price level. So, as long as price stay above 1.0336 support level, look for buy trades. If bearish candlestick closes below 1.0336 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 105.27 price level. So, as long as price stay above 105.27 support level, look for buy trades. If bearish candlestick closes below 105.27 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.2968 price level. So, as long as price stay above 1.2968 support level, look for buy trades. If bearish candlestick closes below 1.2968 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5988 price level. So, as long as price stay above 1.5988 support level, look for buy trades. If bearish candlestick closes below 1.5988 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9390 price level. So, as long as price stay below 0.9390 resistance level, look for sell trades. If bullish candlestick closes above 0.9390 critical resistance level then down trend is going to end.

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