February 20, 2013 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for February 20, 2013, 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 bullish in 1 hour chart. Intraday support is present at 1.0226 price level. So, as long as price stay above 1.0226 support level, look for buy trades. If bearish candlestick closes below 1.0226 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 122.88 price level. So, as long as price stay above 122.88 support level, look for buy trades. If bearish candlestick closes below 122.88 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3519 price level. So, as long as price stay below 1.3519 resistance level, look for sell trades. If bullish candlestick closes above 1.3519 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5690 price level. So, as long as price stay below 1.5690 resistance level, look for sell trades. If bullish candlestick closes above 1.5690 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9148 price level. So, as long as price stay above 0.9148 support level, look for buy trades. If bearish candlestick closes below 0.9148 critical support level then up trend is going to end.

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