October 7, 2015 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for October 7, 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 bullish in 1 hour chart. Intraday support is present at 0.6936 price level. So, as long as price stay above 0.6936 support level, look for buy trades. If bearish candlestick closes below 0.6936 critical support level then up trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 136.12 price level. So, as long as price stay below 136.12 resistance level, look for sell trades. If bullish candlestick closes above 136.12 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1329 price level. So, as long as price stay below 1.1329 resistance level, look for sell trades. If bullish candlestick closes above 1.1329 critical resistance level then down trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5138 price level. So, as long as price stay above 1.5138 support level, look for buy trades. If bearish candlestick closes below 1.5138 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9843 price level. So, as long as price stay below 0.9843 resistance level, look for sell trades. If bullish candlestick closes above 0.9843 critical resistance level then down trend is going to end.

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