June 6, 2013 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for June 6, 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 0.9546 price level. So, as long as price stay below 0.9546 resistance level, look for sell trades. If bullish candlestick closes above 0.9546 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 131.40 price level. So, as long as price stay below 131.40 resistance level, look for sell trades. If bullish candlestick closes above 131.40 critical resistance level then down trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3041 price level. So, as long as price stay above 1.3041 support level, look for buy trades. If bearish candlestick closes below 1.3041 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5331 price level. So, as long as price stay above 1.5331 support level, look for buy trades. If bearish candlestick closes below 1.5331 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9520 price level. So, as long as price stay below 0.9520 resistance level, look for sell trades. If bullish candlestick closes above 0.9520 critical resistance level then down trend is going to end.

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