June 18, 2015 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for June 18, 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 0.7817 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 141.04 price level. So, as long as price stay below 141.04 resistance level, look for sell trades. If bullish candlestick closes above 141.04 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 bullish in 1 hour chart. Intraday support is present at 1.5684 price level. So, as long as price stay above 1.5684 support level, look for buy trades. If bearish candlestick closes below 1.5684 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9406 price level. So, as long as price stay below 0.9406 resistance level, look for sell trades. If bullish candlestick closes above 0.9406 critical resistance level then down trend is going to end.

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