December 31, 2014 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for December 31, 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 bearish in 1 hour chart. Intraday resistance is present at 0.8375 price level. So, as long as price stay below 0.8375 resistance level, look for sell trades. If bullish candlestick closes above 0.8375 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 147.21 price level. So, as long as price stay below 147.21 resistance level, look for sell trades. If bullish candlestick closes above 147.21 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2352 price level. So, as long as price stay below 1.2352 resistance level, look for sell trades. If bullish candlestick closes above 1.2352 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5681 price level. So, as long as price stay below 1.5681 resistance level, look for sell trades. If bullish candlestick closes above 1.5681 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9694 price level. So, as long as price stay above 0.9694 support level, look for buy trades. If bearish candlestick closes below 0.9694 critical support level then up trend is going to end.

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