Daily Elliott Wave Video Analysis — December 9, 2015

The daily Elliott Wave analysis video for December 9, 2015, 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 bearish in 1 hour chart. Intraday resistance is present at 0.7384 price level. So, as long as price stay below 0.7384 resistance level, look for sell trades. If bullish candlestick closes above 0.7384 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 130.96 price level. So, as long as price stay above 130.96 support level, look for buy trades. If bearish candlestick closes below 130.96 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.0540 price level. So, as long as price stay above 1.0540 support level, look for buy trades. If bearish candlestick closes below 1.0540 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.4955 price level. So, as long as price stay above 1.4955 support level, look for buy trades. If bearish candlestick closes below 1.4955 critical support level then up trend is going to end.

USD/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 122.23 price level. So, as long as price stay above 122.23 support level, look for buy trades. If bearish candlestick closes below 122.23 critical support level then up trend is going to end.

USD/CAD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3415 price level. So, as long as price stay above 1.3415 support level, look for buy trades. If bearish candlestick closes below 1.3415 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.0179 price level. So, as long as price stay below 1.0179 resistance level, look for sell trades. If bullish candlestick closes above 1.0179 critical resistance level then down trend is going to end.

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