Daily Elliott Wave Video Analysis — September 7, 2016

The daily Elliott Wave analysis video for September 7, 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 0.7489 price level. So, as long as price stay above 0.7489 support level, look for buy trades. If bearish candlestick closes below 0.7489 critical support level then up trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 115.11 price level. So, as long as price stay below 115.11 resistance level, look for sell trades. If bullish candlestick closes above 115.11 critical resistance level then down trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.1123 price level. So, as long as price stay above 1.1123 support level, look for buy trades. If bearish candlestick closes below 1.1123 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3058 price level. So, as long as price stay above 1.3058 support level, look for buy trades. If bearish candlestick closes below 1.3058 critical support level then up trend is going to end.

USD/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 101.14 price level. So, as long as price stay above 101.14 support level, look for buy trades. If bearish candlestick closes below 101.14 critical support level then up trend is going to end.

USD/CAD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3081 price level. So, as long as price stay below 1.3081 resistance level, look for sell trades. If bullish candlestick closes above 1.3081 critical resistance level then down trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9738 price level. So, as long as price stay below 0.9738 resistance level, look for sell trades. If bullish candlestick closes above 0.9738 critical resistance level then down trend is going to end.

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