May 1, 2015 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for May 1, 2015, 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 0.7841 price level. So, as long as price stay above 0.7841 support level, look for buy trades. If bearish candlestick closes below 0.7841 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 130.25 price level. So, as long as price stay above 130.25 support level, look for buy trades. If bearish candlestick closes below 130.25 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.0959 price level. So, as long as price stay above 1.0959 support level, look for buy trades. If bearish candlestick closes below 1.0959 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5106 price level. So, as long as price stay above 1.5106 support level, look for buy trades. If bearish candlestick closes below 1.5106 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9598 price level. So, as long as price stay below 0.9598 resistance level, look for sell trades. If bullish candlestick closes above 0.9598 critical resistance level then down trend is going to end.

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