April 13, 2016 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for April 13, 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 bearish in 1 hour chart. Intraday resistance is present at 125.84 price level. So, as long as price stay below 125.84 resistance level, look for sell trades. If bullish candlestick closes above 125.84 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1464 price level. So, as long as price stay below 1.1464 resistance level, look for sell trades. If bullish candlestick closes above 1.1464 critical resistance level then down 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 110.62 price level. So, as long as price stay below 110.62 resistance level, look for sell trades. If bullish candlestick closes above 110.62 critical resistance level then down trend is going to end.

USD/CAD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2857 price level. So, as long as price stay below 1.2857 resistance level, look for sell trades. If bullish candlestick closes above 1.2857 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9498 price level. So, as long as price stay above 0.9498 support level, look for buy trades. If bearish candlestick closes below 0.9498 critical support level then up trend is going to end.

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