July 5, 2013 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for July 5, 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 0.9190 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 130.27 price level. So, as long as price stay below 130.27 resistance level, look for sell trades. If bullish candlestick closes above 130.27 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3016 price level. So, as long as price stay below 1.3016 resistance level, look for sell trades. If bullish candlestick closes above 1.3016 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5054 price level. So, as long as price stay below 1.5054 resistance level, look for sell trades. If bullish candlestick closes above 1.5054 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9470 price level. So, as long as price stay above 0.9470 support level, look for buy trades. If bearish candlestick closes below 0.9470 critical support level then up trend is going to end.

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