Daily Elliott Wave Video Analysis — June 20, 2019

The daily Elliott Wave analysis video for June 20, 2019, 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
The Trend is bearish in 1 hour chart. Intraday resistance is present at 0.6946 price level. So, as long as price stays below 0.6946 resistance level, look for sell trades. If bullish candlestick closes above 0.6946 critical resistance level, then down trend is going to end.

EUR/JPY
The Trend is bearish in 1 hour chart. Intraday resistance is present at 122.11 price level. So, as long as price stays below 122.11 resistance level, look for sell trades. If bullish candlestick closes above 122.11 critical resistance level, then down trend is going to end.

EUR/USD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1290 price level. So, as long as price stays below 1.1290 resistance level, look for sell trades. If bullish candlestick closes above 1.1290 critical resistance level, then down trend is going to end.

GBP/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.2569 price level. So, as long as price stays above 1.2569 support level, look for buy trades. If bearish candlestick closes below 1.2569 critical support level, then up trend is going to end.

USD/JPY
The Trend is bearish in 1 hour chart. Intraday resistance is present at 108.79 price level. So, as long as price stays below 108.79 resistance level, look for sell trades. If bullish candlestick closes above 108.79 critical resistance level, then down trend is going to end.

USD/CAD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3364 price level. So, as long as price stays below 1.3364 resistance level, look for sell trades. If bullish candlestick closes above 1.3364 critical resistance level, then down trend is going to end.

USD/CHF
The Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9969 price level. So, as long as price stays below 0.9969 resistance level, look for sell trades. If bullish candlestick closes above 0.9969 critical resistance level, then down trend is going to end.

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