August 9, 2013 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for August 9, 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 bullish in 1 hour chart. Intraday support is present at 0.9041 price level. So, as long as price stay above 0.9041 support level, look for buy trades. If bearish candlestick closes below 0.9041 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 128.20 price level. So, as long as price stay above 128.20 support level, look for buy trades. If bearish candlestick closes below 128.20 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3264 price level. So, as long as price stay above 1.3264 support level, look for buy trades. If bearish candlestick closes below 1.3264 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5484 price level. So, as long as price stay above 1.5484 support level, look for buy trades. If bearish candlestick closes below 1.5484 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9229 price level. So, as long as price stay below 0.9229 resistance level, look for sell trades. If bullish candlestick closes above 0.9229 critical resistance level then down trend is going to end.

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