December 21, 2012 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for December 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 1.0507 price level. So, as long as price stay below 1.0507 resistance level, look for sell trades. If bullish candlestick closes above 1.0507 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 109.92 price level. So, as long as price stay above 109.92 support level, look for buy trades. If bearish candlestick closes below 109.92 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3142 price level. So, as long as price stay above 1.3142 support level, look for buy trades. If bearish candlestick closes below 1.3142 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.6193 price level. So, as long as price stay above 1.6193 support level, look for buy trades. If bearish candlestick closes below 1.6193 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9194 price level. So, as long as price stay below 0.9194 resistance level, look for sell trades. If bullish candlestick closes above 0.9194 critical resistance level then down trend is going to end.

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