December 13, 2016 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for December 13, 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 0.7369 price level. So, as long as price stay above 0.7369 support level, look for buy trades. If bearish candlestick closes below 0.7369 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 118.71 price level. So, as long as price stay above 118.71 support level, look for buy trades. If bearish candlestick closes below 118.71 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.0872 price level. So, as long as price stay below 1.0872 resistance level, look for sell trades. If bullish candlestick closes above 1.0872 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2773 price level. So, as long as price stay below 1.2773 resistance level, look for sell trades. If bullish candlestick closes above 1.2773 critical resistance level then down trend is going to end.

USD/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 113.69 price level. So, as long as price stay above 113.69 support level, look for buy trades. If bearish candlestick closes below 113.69 critical support level then up trend is going to end.

USD/CAD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3235 price level. So, as long as price stay below 1.3235 resistance level, look for sell trades. If bullish candlestick closes above 1.3235 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 1.0020 price level. So, as long as price stay above 1.0020 support level, look for buy trades. If bearish candlestick closes below 1.0020 critical support level then up trend is going to end.

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