August 29, 2013 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for August 29, 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 0.9069 price level. So, as long as price stay below 0.9069 resistance level, look for sell trades. If bullish candlestick closes above 0.9069 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 131.53 price level. So, as long as price stay below 131.53 resistance level, look for sell trades. If bullish candlestick closes above 131.53 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3408 price level. So, as long as price stay below 1.3408 resistance level, look for sell trades. If bullish candlestick closes above 1.3408 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5611 price level. So, as long as price stay below 1.5611 resistance level, look for sell trades. If bullish candlestick closes above 1.5611 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9146 price level. So, as long as price stay above 0.9146 support level, look for buy trades. If bearish candlestick closes below 0.9146 critical support level then up trend is going to end.

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