October 17, 2013 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for October 17, 2013, 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 0.9497 price level. So, as long as price stay above 0.9497 support level, look for buy trades. If bearish candlestick closes below 0.9497 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 132.61 price level. So, as long as price stay above 132.61 support level, look for buy trades. If bearish candlestick closes below 132.61 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3549 price level. So, as long as price stay above 1.3549 support level, look for buy trades. If bearish candlestick closes below 1.3549 critical support level then up trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.6259 price level. So, as long as price stay below 1.6259 resistance level, look for sell trades. If bullish candlestick closes above 1.6259 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.8966 price level. So, as long as price stay above 0.8966 support level, look for buy trades. If bearish candlestick closes below 0.8966 critical support level then up trend is going to end.

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