August 31, 2015 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for August 31, 2015, 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 0.7248 price level. So, as long as price stay below 0.7248 resistance level, look for sell trades. If bullish candlestick closes above 0.7248 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 138.94 price level. So, as long as price stay below 138.94 resistance level, look for sell trades. If bullish candlestick closes above 138.94 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1398 price level. So, as long as price stay below 1.1398 resistance level, look for sell trades. If bullish candlestick closes above 1.1398 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5507 price level. So, as long as price stay below 1.5507 resistance level, look for sell trades. If bullish candlestick closes above 1.5507 critical resistance level then down trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9677 price level. So, as long as price stay below 0.9677 resistance level, look for sell trades. If bullish candlestick closes above 0.9677 critical resistance level then down trend is going to end.

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