February 28, 2013 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for February 28, 2013, 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 1.0340 price level. So, as long as price stay below 1.0340 resistance level, look for sell trades. If bullish candlestick closes above 1.0340 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 125.19 price level. So, as long as price stay below 125.19 resistance level, look for sell trades. If bullish candlestick closes above 125.19 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3318 price level. So, as long as price stay below 1.3318 resistance level, look for sell trades. If bullish candlestick closes above 1.3318 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5320 price level. So, as long as price stay below 1.5320 resistance level, look for sell trades. If bullish candlestick closes above 1.5320 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9230 price level. So, as long as price stay above 0.9230 support level, look for buy trades. If bearish candlestick closes below 0.9230 critical support level then up trend is going to end.

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