March 7, 2013 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for March 7, 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 bullish in 1 hour chart. Intraday support is present at 1.0114 price level. So, as long as price stay above 1.0114 support level, look for buy trades. If bearish candlestick closes below 1.0114 critical support level then up trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 125.20 price level. So, as long as price stay below 125.20 resistance level, look for sell trades. If bullish candlestick closes above 125.20 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3075 price level. So, as long as price stay below 1.3075 resistance level, look for sell trades. If bullish candlestick closes above 1.3075 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5093 price level. So, as long as price stay below 1.5093 resistance level, look for sell trades. If bullish candlestick closes above 1.5093 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9432 price level. So, as long as price stay above 0.9432 support level, look for buy trades. If bearish candlestick closes below 0.9432 critical support level then up trend is going to end.

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