December 12, 2013 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for December 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 0.9165 price level. So, as long as price stay below 0.9165 resistance level, look for sell trades. If bullish candlestick closes above 0.9165 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 140.01 price level. So, as long as price stay above 140.01 support level, look for buy trades. If bearish candlestick closes below 140.01 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3739 price level. So, as long as price stay above 1.3739 support level, look for buy trades. If bearish candlestick closes below 1.3739 critical support level then up trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.6464 price level. So, as long as price stay below 1.6464 resistance level, look for sell trades. If bullish candlestick closes above 1.6464 critical resistance level then down trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.8911 price level. So, as long as price stay below 0.8911 resistance level, look for sell trades. If bullish candlestick closes above 0.8911 critical resistance level then down trend is going to end.

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