Daily Elliott Wave Video Analysis — October 29, 2014

The daily Elliott Wave analysis video for October 29, 2014, is available here. The video will always remain accessible via the current link for future reference. 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 watch the video in a fullscreen mode.


AUD/USD
Trend is bullish in 1 hour chart. Intraday support is present at 0.8718 price level. So, as long as price stay above 0.8718 support level, look for buy trades. If bearish candlestick closes below 0.8718 critical support level then up trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 137.92 price level. So, as long as price stay below 137.92 resistance level, look for sell trades. If bullish candlestick closes above 137.92 critical resistance level then down trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.2612 price level. So, as long as price stay above 1.2612 support level, look for buy trades. If bearish candlestick closes below 1.2612 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5993 price level. So, as long as price stay above 1.5993 support level, look for buy trades. If bearish candlestick closes below 1.5993 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9561 price level. So, as long as price stay below 0.9561 resistance level, look for sell trades. If bullish candlestick closes above 0.9561 critical resistance level then down trend is going to end.

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