May 10, 2013 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for May 10, 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 1.0095 price level. So, as long as price stay below 1.0095 resistance level, look for sell trades. If bullish candlestick closes above 1.0095 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 127.47 price level. So, as long as price stay above 127.47 support level, look for buy trades. If bearish candlestick closes below 127.47 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3113 price level. So, as long as price stay below 1.3113 resistance level, look for sell trades. If bullish candlestick closes above 1.3113 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5456 price level. So, as long as price stay below 1.5456 resistance level, look for sell trades. If bullish candlestick closes above 1.5456 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9469 price level. So, as long as price stay above 0.9469 support level, look for buy trades. If bearish candlestick closes below 0.9469 critical support level then up trend is going to end.

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