August 10, 2017 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for August 10, 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 0.7979 price level. So, as long as price stays below 0.7979 resistance level, look for sell trades. If bullish candlestick closes above 0.7979 critical resistance level, then down trend is going to end.

EUR/JPY
The Trend is bearish in 1 hour chart. Intraday resistance is present at 130.08 price level. So, as long as price stays below 130.08 resistance level, look for sell trades. If bullish candlestick closes above 130.08 critical resistance level, then down trend is going to end.

EUR/USD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1824 price level. So, as long as price stays below 1.1824 resistance level, look for sell trades. If bullish candlestick closes above 1.1824 critical resistance level, then down trend is going to end.

GBP/USD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3048 price level. So, as long as price stays below 1.3048 resistance level, look for sell trades. If bullish candlestick closes above 1.3048 critical resistance level, then down trend is going to end.

USD/JPY
The Trend is bearish in 1 hour chart. Intraday resistance is present at 110.25 price level. So, as long as price stays below 110.25 resistance level, look for sell trades. If bullish candlestick closes above 110.25 critical resistance level, then down trend is going to end.

USD/CAD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.2650 price level. So, as long as price stays above 1.2650 support level, look for buy trades. If bearish candlestick closes below 1.2650 critical support level, then up trend is going to end.

USD/CHF
The Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9742 price level. So, as long as price stays below 0.9742 resistance level, look for sell trades. If bullish candlestick closes above 0.9742 critical resistance level, then down trend is going to end.

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