June 1, 2015 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for June 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 bearish in 1 hour chart. Intraday resistance is present at 0.7930 price level. So, as long as price stay below 0.7930 resistance level, look for sell trades. If bullish candlestick closes above 0.7930 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 133.80 price level. So, as long as price stay above 133.80 support level, look for buy trades. If bearish candlestick closes below 133.80 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1062 price level. So, as long as price stay below 1.1062 resistance level, look for sell trades. If bullish candlestick closes above 1.1062 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5506 price level. So, as long as price stay below 1.5506 resistance level, look for sell trades. If bullish candlestick closes above 1.5506 critical resistance level then down trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9543 price level. So, as long as price stay below 0.9543 resistance level, look for sell trades. If bullish candlestick closes above 0.9543 critical resistance level then down trend is going to end.

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