March 18, 2016 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for March 18, 2016, 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 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 1.4220 price level. So, as long as price stay above 1.4220 support level, look for buy trades. If bearish candlestick closes below 1.4220 critical support level then up trend is going to end.

USD/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 112.95 price level. So, as long as price stay below 112.95 resistance level, look for sell trades. If bullish candlestick closes above 112.95 critical resistance level then down trend is going to end.

USD/CAD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3167 price level. So, as long as price stay below 1.3167 resistance level, look for sell trades. If bullish candlestick closes above 1.3167 critical resistance level then down trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9802 price level. So, as long as price stay below 0.9802 resistance level, look for sell trades. If bullish candlestick closes above 0.9802 critical resistance level then down trend is going to end.

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