Daily Elliott Wave Video Analysis — June 12, 2015

The daily Elliott Wave analysis video for June 12, 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 0.7817 price level. So, as long as price stay below 0.7817 resistance level, look for sell trades. If bullish candlestick closes above 0.7817 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 139.75 price level. So, as long as price stay below 139.75 resistance level, look for sell trades. If bullish candlestick closes above 139.75 critical resistance level then down trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.1049 price level. So, as long as price stay above 1.1049 support level, look for buy trades. If bearish candlestick closes below 1.1049 critical support level then up trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5553 price level. So, as long as price stay below 1.5553 resistance level, look for sell trades. If bullish candlestick closes above 1.5553 critical resistance level then down trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9429 price level. So, as long as price stay below 0.9429 resistance level, look for sell trades. If bullish candlestick closes above 0.9429 critical resistance level then down trend is going to end.

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