Daily Elliott Wave Video Analysis — April 9, 2020

The daily Elliott Wave analysis video for April 9, 2020, 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 bullish in 1 hour chart. Intraday support is present at 0.5979 price level. So, as long as price stays above 0.5979 support level, look for buy trades. If bearish candlestick closes below 0.5979 critical support level, then up trend is going to end.

EUR/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 117.44 price level. So, as long as price stays above 117.44 support level, look for buy trades. If bearish candlestick closes below 117.44 critical support level, then up trend is going to end.

EUR/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.0817 price level. So, as long as price stays above 1.0817 support level, look for buy trades. If bearish candlestick closes below 1.0817 critical support level, then up trend is going to end.

GBP/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.1932 price level. So, as long as price stays above 1.1932 support level, look for buy trades. If bearish candlestick closes below 1.1932 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 111.70 price level. So, as long as price stays below 111.70 resistance level, look for sell trades. If bullish candlestick closes above 111.70 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 1.4348 price level. So, as long as price stays below 1.4348 resistance level, look for sell trades. If bullish candlestick closes above 1.4348 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 0.9899 price level. So, as long as price stays below 0.9899 resistance level, look for sell trades. If bullish candlestick closes above 0.9899 critical resistance level, then down trend is going to end.

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