June 3, 2015 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for June 3, 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 0.7930 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 136.39 price level. So, as long as price stay above 136.39 support level, look for buy trades. If bearish candlestick closes below 136.39 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.1005 price level. So, as long as price stay above 1.1005 support level, look for buy trades. If bearish candlestick closes below 1.1005 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5171 price level. So, as long as price stay above 1.5171 support level, look for buy trades. If bearish candlestick closes below 1.5171 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9483 price level. So, as long as price stay below 0.9483 resistance level, look for sell trades. If bullish candlestick closes above 0.9483 critical resistance level then down trend is going to end.

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