October 10, 2014 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for October 10, 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 0.8732 price level. So, as long as price stay above 0.8732 support level, look for buy trades. If bearish candlestick closes below 0.8732 critical support level then up trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 137.87 price level. So, as long as price stay below 137.87 resistance level, look for sell trades. If bullish candlestick closes above 137.87 critical resistance level then down trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.2620 price level. So, as long as price stay above 1.2620 support level, look for buy trades. If bearish candlestick closes below 1.2620 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.6024 price level. So, as long as price stay above 1.6024 support level, look for buy trades. If bearish candlestick closes below 1.6024 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9623 price level. So, as long as price stay below 0.9623 resistance level, look for sell trades. If bullish candlestick closes above 0.9623 critical resistance level then down trend is going to end.

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