May 20, 2015 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for May 20, 2015, 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 0.8162 price level. So, as long as price stay below 0.8162 resistance level, look for sell trades. If bullish candlestick closes above 0.8162 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 133.08 price level. So, as long as price stay above 133.08 support level, look for buy trades. If bearish candlestick closes below 133.08 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1326 price level. So, as long as price stay below 1.1326 resistance level, look for sell trades. If bullish candlestick closes above 1.1326 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5700 price level. So, as long as price stay below 1.5700 resistance level, look for sell trades. If bullish candlestick closes above 1.5700 critical resistance level then down trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9446 price level. So, as long as price stay below 0.9446 resistance level, look for sell trades. If bullish candlestick closes above 0.9446 critical resistance level then down trend is going to end.

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