July 18, 2017 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for July 18, 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 bullish in 1 hour chart. Intraday support is present at 0.7785 price level. So, as long as price stays above 0.7785 support level, look for buy trades. If bearish candlestick closes below 0.7785 critical support level, then up trend is going to end.

EUR/JPY
The Trend is bearish in 1 hour chart. Intraday resistance is present at 130.24 price level. So, as long as price stays below 130.24 resistance level, look for sell trades. If bullish candlestick closes above 130.24 critical resistance level, then down trend is going to end.

EUR/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.1312 price level. So, as long as price stays above 1.1312 support level, look for buy trades. If bearish candlestick closes below 1.1312 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 1.2810 price level. So, as long as price stays above 1.2810 support level, look for buy trades. If bearish candlestick closes below 1.2810 critical support level, then up trend is going to end.

USD/JPY
The Trend is bearish in 1 hour chart. Intraday resistance is present at 113.56 price level. So, as long as price stays below 113.56 resistance level, look for sell trades. If bullish candlestick closes above 113.56 critical resistance level, then down trend is going to end.

USD/CAD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2770 price level. So, as long as price stays below 1.2770 resistance level, look for sell trades. If bullish candlestick closes above 1.2770 critical resistance level, then down trend is going to end.

USD/CHF
The Trend is bullish in 1 hour chart. Intraday support is present at 0.9552 price level. So, as long as price stays above 0.9552 support level, look for buy trades. If bearish candlestick closes below 0.9552 critical support level, then up trend is going to end.

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