Daily Elliott Wave Video Analysis — March 17, 2016

The daily Elliott Wave analysis video for March 17, 2016, 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 0.7257 price level. So, as long as price stay above 0.7257 support level, look for buy trades. If bearish candlestick closes below 0.7257 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 123.04 price level. So, as long as price stay above 123.04 support level, look for buy trades. If bearish candlestick closes below 123.04 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1375 price level. So, as long as price stay below 1.1375 resistance level, look for sell trades. If bullish candlestick closes above 1.1375 critical resistance level then down trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.4052 price level. So, as long as price stay above 1.4052 support level, look for buy trades. If bearish candlestick closes below 1.4052 critical support level then up trend is going to end.

USD/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 114.86 price level. So, as long as price stay below 114.86 resistance level, look for sell trades. If bullish candlestick closes above 114.86 critical resistance level then down trend is going to end.

USD/CAD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3653 price level. So, as long as price stay below 1.3653 resistance level, look for sell trades. If bullish candlestick closes above 1.3653 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9660 price level. So, as long as price stay above 0.9660 support level, look for buy trades. If bearish candlestick closes below 0.9660 critical support level then up trend is going to end.

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