July 5, 2017 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for July 5, 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
The Trend is bearish in 1 hour chart. Intraday resistance is present at 0.7643 price level. So, as long as price stays below 0.7643 resistance level, look for sell trades. If bullish candlestick closes above 0.7643 critical resistance level, then down trend is going to end.

EUR/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 128.02 price level. So, as long as price stays above 128.02 support level, look for buy trades. If bearish candlestick closes below 128.02 critical support level, then up trend is going to end.

EUR/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.1291 price level. So, as long as price stays above 1.1291 support level, look for buy trades. If bearish candlestick closes below 1.1291 critical support level, then up trend is going to end.

GBP/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.2793 price level. So, as long as price stays above 1.2793 support level, look for buy trades. If bearish candlestick closes below 1.2793 critical support level, then up trend is going to end.

USD/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 110.95 price level. So, as long as price stays above 110.95 support level, look for buy trades. If bearish candlestick closes below 110.95 critical support level, then up trend is going to end.

USD/CAD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3207 price level. So, as long as price stays below 1.3207 resistance level, look for sell trades. If bullish candlestick closes above 1.3207 critical resistance level, then down trend is going to end.

USD/CHF
The Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9675 price level. So, as long as price stays below 0.9675 resistance level, look for sell trades. If bullish candlestick closes above 0.9675 critical resistance level, then down trend is going to end.

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