Daily Elliott Wave Video Analysis — October 14, 2016

The daily Elliott Wave analysis video for October 14, 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 0.7505 price level. So, as long as price stay above 0.7505 support level, look for buy trades. If bearish candlestick closes below 0.7505 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 112.58 price level. So, as long as price stay above 112.58 support level, look for buy trades. If bearish candlestick closes below 112.58 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1204 price level. So, as long as price stay below 1.1204 resistance level, look for sell trades. If bullish candlestick closes above 1.1204 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2914 price level. So, as long as price stay below 1.2914 resistance level, look for sell trades. If bullish candlestick closes above 1.2914 critical resistance level then down trend is going to end.

USD/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 102.81 price level. So, as long as price stay above 102.81 support level, look for buy trades. If bearish candlestick closes below 102.81 critical support level then up trend is going to end.

USD/CAD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3139 price level. So, as long as price stay above 1.3139 support level, look for buy trades. If bearish candlestick closes below 1.3139 critical support level then up trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9733 price level. So, as long as price stay above 0.9733 support level, look for buy trades. If bearish candlestick closes below 0.9733 critical support level then up trend is going to end.

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