May 15, 2014 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for May 15, 2014, 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 0.9317 price level. So, as long as price stay above 0.9317 support level, look for buy trades. If bearish candlestick closes below 0.9317 critical support level then up trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 140.93 price level. So, as long as price stay below 140.93 resistance level, look for sell trades. If bullish candlestick closes above 140.93 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3771 price level. So, as long as price stay below 1.3771 resistance level, look for sell trades. If bullish candlestick closes above 1.3771 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.6873 price level. So, as long as price stay below 1.6873 resistance level, look for sell trades. If bullish candlestick closes above 1.6873 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.8864 price level. So, as long as price stay above 0.8864 support level, look for buy trades. If bearish candlestick closes below 0.8864 critical support level then up trend is going to end.

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