March 16, 2017 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for March 16, 2017, 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 bearish in 1 hour chart. Intraday resistance is present at 0.7740 price level. So, as long as price stay below 0.7740 resistance level, look for sell trades. If bullish candlestick closes above 0.7740 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 120.00 price level. So, as long as price stay above 120.00 support level, look for buy trades. If bearish candlestick closes below 120.00 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.0600 price level. So, as long as price stay above 1.0600 support level, look for buy trades. If bearish candlestick closes below 1.0600 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.2108 price level. So, as long as price stay above 1.2108 support level, look for buy trades. If bearish candlestick closes below 1.2108 critical support level then up trend is going to end.

USD/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 115.19 price level. So, as long as price stay below 115.19 resistance level, look for sell trades. If bullish candlestick closes above 115.19 critical resistance level then down trend is going to end.

USD/CAD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3495 price level. So, as long as price stay below 1.3495 resistance level, look for sell trades. If bullish candlestick closes above 1.3495 critical resistance level then down trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.0097 price level. So, as long as price stay below 1.0097 resistance level, look for sell trades. If bullish candlestick closes above 1.0097 critical resistance level then down trend is going to end.

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