July 21, 2017 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for July 21, 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 130.75 price level. So, as long as price stays below 130.75 resistance level, look for sell trades. If bullish candlestick closes above 130.75 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 1.1479 price level. So, as long as price stays above 1.1479 support level, look for buy trades. If bearish candlestick closes below 1.1479 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 1.2906 price level. So, as long as price stays above 1.2906 support level, look for buy trades. If bearish candlestick closes below 1.2906 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 1.2700 price level. So, as long as price stays below 1.2700 resistance level, look for sell trades. If bullish candlestick closes above 1.2700 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 0.9620 price level. So, as long as price stays below 0.9620 resistance level, look for sell trades. If bullish candlestick closes above 0.9620 critical resistance level, then down trend is going to end.

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