April 26, 2016 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for April 26, 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 0.7631 price level. So, as long as price stay above 0.7631 support level, look for buy trades. If bearish candlestick closes below 0.7631 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 121.70 price level. So, as long as price stay above 121.70 support level, look for buy trades. If bearish candlestick closes below 121.70 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1397 price level. So, as long as price stay below 1.1397 resistance level, look for sell trades. If bullish candlestick closes above 1.1397 critical resistance level then down trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.4298 price level. So, as long as price stay above 1.4298 support level, look for buy trades. If bearish candlestick closes below 1.4298 critical support level then up trend is going to end.

USD/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 109.72 price level. So, as long as price stay above 109.72 support level, look for buy trades. If bearish candlestick closes below 109.72 critical support level then up trend is going to end.

USD/CAD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2989 price level. So, as long as price stay below 1.2989 resistance level, look for sell trades. If bullish candlestick closes above 1.2989 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9584 price level. So, as long as price stay above 0.9584 support level, look for buy trades. If bearish candlestick closes below 0.9584 critical support level then up trend is going to end.

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