Daily Elliott Wave Video Analysis — April 14, 2016

The daily Elliott Wave analysis video for April 14, 2016, 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 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 1.4346 price level. So, as long as price stay below 1.4346 resistance level, look for sell trades. If bullish candlestick closes above 1.4346 critical resistance level then down trend is going to end.

USD/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 108.44 price level. So, as long as price stay above 108.44 support level, look for buy trades. If bearish candlestick closes below 108.44 critical support level then up trend is going to end.

USD/CAD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3218 price level. So, as long as price stay below 1.3218 resistance level, look for sell trades. If bullish candlestick closes above 1.3218 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9593 price level. So, as long as price stay above 0.9593 support level, look for buy trades. If bearish candlestick closes below 0.9593 critical support level then up trend is going to end.

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