October 3, 2016 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for October 3, 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 0.7556 price level. So, as long as price stay above 0.7556 support level, look for buy trades. If bearish candlestick closes below 0.7556 critical support level then up trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 114.63 price level. So, as long as price stay below 114.63 resistance level, look for sell trades. If bullish candlestick closes above 114.63 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1283 price level. So, as long as price stay below 1.1283 resistance level, look for sell trades. If bullish candlestick closes above 1.1283 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3021 price level. So, as long as price stay below 1.3021 resistance level, look for sell trades. If bullish candlestick closes above 1.3021 critical resistance level then down trend is going to end.

USD/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 103.35 price level. So, as long as price stay below 103.35 resistance level, look for sell trades. If bullish candlestick closes above 103.35 critical resistance level then down trend is going to end.

USD/CAD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3000 price level. So, as long as price stay above 1.3000 support level, look for buy trades. If bearish candlestick closes below 1.3000 critical support level then up trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9639 price level. So, as long as price stay above 0.9639 support level, look for buy trades. If bearish candlestick closes below 0.9639 critical support level then up trend is going to end.

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