April 5, 2016 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for April 5, 2016, 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 0.7475 price level. So, as long as price stay above 0.7475 support level, look for buy trades. If bearish candlestick closes below 0.7475 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 124.66 price level. So, as long as price stay above 124.66 support level, look for buy trades. If bearish candlestick closes below 124.66 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.1301 price level. So, as long as price stay above 1.1301 support level, look for buy trades. If bearish candlestick closes below 1.1301 critical support level then up trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.4457 price level. So, as long as price stay below 1.4457 resistance level, look for sell trades. If bullish candlestick closes above 1.4457 critical resistance level then down trend is going to end.

USD/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 112.67 price level. So, as long as price stay below 112.67 resistance level, look for sell trades. If bullish candlestick closes above 112.67 critical resistance level then down trend is going to end.

USD/CAD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3295 price level. So, as long as price stay below 1.3295 resistance level, look for sell trades. If bullish candlestick closes above 1.3295 critical resistance level then down trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9786 price level. So, as long as price stay below 0.9786 resistance level, look for sell trades. If bullish candlestick closes above 0.9786 critical resistance level then down trend is going to end.

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