December 17, 2013 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for December 17, 2013, 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 bearish in 1 hour chart. Intraday resistance is present at 0.9166 price level. So, as long as price stay below 0.9166 resistance level, look for sell trades. If bullish candlestick closes above 0.9166 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 140.89 price level. So, as long as price stay above 140.89 support level, look for buy trades. If bearish candlestick closes below 140.89 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3618 price level. So, as long as price stay above 1.3618 support level, look for buy trades. If bearish candlestick closes below 1.3618 critical support level then up trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.6464 price level. So, as long as price stay below 1.6464 resistance level, look for sell trades. If bullish candlestick closes above 1.6464 critical resistance level then down trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.8933 price level. So, as long as price stay below 0.8933 resistance level, look for sell trades. If bullish candlestick closes above 0.8933 critical resistance level then down trend is going to end.

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