October 6, 2017 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for October 6, 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 0.7874 price level. So, as long as price stays below 0.7874 resistance level, look for sell trades. If bullish candlestick closes above 0.7874 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 133.50 price level. So, as long as price stays below 133.50 resistance level, look for sell trades. If bullish candlestick closes above 133.50 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 1.1831 price level. So, as long as price stays below 1.1831 resistance level, look for sell trades. If bullish candlestick closes above 1.1831 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 1.3290 price level. So, as long as price stays below 1.3290 resistance level, look for sell trades. If bullish candlestick closes above 1.3290 critical resistance level, then down trend is going to end.

USD/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 112.21 price level. So, as long as price stays above 112.21 support level, look for buy trades. If bearish candlestick closes below 112.21 critical support level, then up trend is going to end.

USD/CAD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.2416 price level. So, as long as price stays above 1.2416 support level, look for buy trades. If bearish candlestick closes below 1.2416 critical support level, then up trend is going to end.

USD/CHF
The Trend is bullish in 1 hour chart. Intraday support is present at 0.9708 price level. So, as long as price stays above 0.9708 support level, look for buy trades. If bearish candlestick closes below 0.9708 critical support level, then up trend is going to end.

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