Daily Elliott Wave Video Analysis — August 29, 2017

The daily Elliott Wave analysis video for August 29, 2017, is available here. The video will always remain accessible via the current link for future reference. 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 watch the video in a fullscreen mode.


AUD/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 0.7866 price level. So, as long as price stays above 0.7866 support level, look for buy trades. If bearish candlestick closes below 0.7866 critical support level, then up trend is going to end.

EUR/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 128.53 price level. So, as long as price stays above 128.53 support level, look for buy trades. If bearish candlestick closes below 128.53 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 1.1827 price level. So, as long as price stays above 1.1827 support level, look for buy trades. If bearish candlestick closes below 1.1827 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 1.2873 price level. So, as long as price stays above 1.2873 support level, look for buy trades. If bearish candlestick closes below 1.2873 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 109.82 price level. So, as long as price stays below 109.82 resistance level, look for sell trades. If bullish candlestick closes above 109.82 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 1.2539 price level. So, as long as price stays below 1.2539 resistance level, look for sell trades. If bullish candlestick closes above 1.2539 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 0.9662 price level. So, as long as price stays below 0.9662 resistance level, look for sell trades. If bullish candlestick closes above 0.9662 critical resistance level, then down trend is going to end.

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