July 12, 2013 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for July 12, 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 0.9303 price level. So, as long as price stay below 0.9303 resistance level, look for sell trades. If bullish candlestick closes above 0.9303 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 128.49 price level. So, as long as price stay above 128.49 support level, look for buy trades. If bearish candlestick closes below 128.49 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.2833 price level. So, as long as price stay above 1.2833 support level, look for buy trades. If bearish candlestick closes below 1.2833 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.4843 price level. So, as long as price stay above 1.4843 support level, look for buy trades. If bearish candlestick closes below 1.4843 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9669 price level. So, as long as price stay below 0.9669 resistance level, look for sell trades. If bullish candlestick closes above 0.9669 critical resistance level then down trend is going to end.

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