November 9, 2016 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for November 9, 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 0.7557 price level. So, as long as price stay above 0.7557 support level, look for buy trades. If bearish candlestick closes below 0.7557 critical support level then up trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 115.99 price level. So, as long as price stay below 115.99 resistance level, look for sell trades. If bullish candlestick closes above 115.99 critical resistance level then down trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.0988 price level. So, as long as price stay above 1.0988 support level, look for buy trades. If bearish candlestick closes below 1.0988 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.2204 price level. So, as long as price stay above 1.2204 support level, look for buy trades. If bearish candlestick closes below 1.2204 critical support level then up trend is going to end.

USD/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 105.47 price level. So, as long as price stay below 105.47 resistance level, look for sell trades. If bullish candlestick closes above 105.47 critical resistance level then down trend is going to end.

USD/CAD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3262 price level. So, as long as price stay above 1.3262 support level, look for buy trades. If bearish candlestick closes below 1.3262 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9832 price level. So, as long as price stay below 0.9832 resistance level, look for sell trades. If bullish candlestick closes above 0.9832 critical resistance level then down trend is going to end.

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