Daily Elliott Wave Video Analysis — December 15, 2016

The daily Elliott Wave analysis video for December 15, 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 0.7369 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 120.90 price level. So, as long as price stay above 120.90 support level, look for buy trades. If bearish candlestick closes below 120.90 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.0670 price level. So, as long as price stay below 1.0670 resistance level, look for sell trades. If bullish candlestick closes above 1.0670 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2726 price level. So, as long as price stay below 1.2726 resistance level, look for sell trades. If bullish candlestick closes above 1.2726 critical resistance level then down trend is going to end.

USD/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 114.73 price level. So, as long as price stay above 114.73 support level, look for buy trades. If bearish candlestick closes below 114.73 critical support level then up trend is going to end.

USD/CAD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3080 price level. So, as long as price stay above 1.3080 support level, look for buy trades. If bearish candlestick closes below 1.3080 critical support level then up trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 1.0083 price level. So, as long as price stay above 1.0083 support level, look for buy trades. If bearish candlestick closes below 1.0083 critical support level then up trend is going to end.

Below, you can browse the archives of the previous daily videos:

Monday Tuesday Wednesday Thursday Friday Saturday Sunday
1234
567891011
12131415161718
19202122232425
262728293031

2019:
January, February, March, April, May, June, July, August, September, October.

2018:
January, February, March, April, May, June, July, August, September, October, November, December.

2017:
January, February, March, April, May, June, July, August, September, October, November, December.

2016:
January, February, March, April, May, June, July, August, September, October, November, December.

2015:
January, February, March, April, May, June, July, August, September, October, November, December.

2014:
January, February, March, April, May, June, July, August, September, October, November, December.

2013:
January, February, March, April, May, June, July, August, September, October, November, December.

2012:
January, February, March, April, May, June, July, August, September, October, November, December.

2011:
March, April, May, June, July, August, September, October, November, December.

You can discuss these daily Elliott Wave analysis videos on our technical analysis Forex forum.

© 2005–2019

EarnForex.com

Design — Mart Studio

Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.

CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.