Daily Elliott Wave Video Analysis — July 4, 2013

The daily Elliott Wave analysis video for July 4, 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 bearish in 1 hour chart. Intraday resistance is present at 0.9190 price level. So, as long as price stay below 0.9190 resistance level, look for sell trades. If bullish candlestick closes above 0.9190 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 131.10 price level. So, as long as price stay below 131.10 resistance level, look for sell trades. If bullish candlestick closes above 131.10 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3038 price level. So, as long as price stay below 1.3038 resistance level, look for sell trades. If bullish candlestick closes above 1.3038 critical resistance level then down trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5129 price level. So, as long as price stay above 1.5129 support level, look for buy trades. If bearish candlestick closes below 1.5129 critical support level then up trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9444 price level. So, as long as price stay above 0.9444 support level, look for buy trades. If bearish candlestick closes below 0.9444 critical support level then up trend is going to end.

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