Daily Elliott Wave Video Analysis — October 13, 2017

The daily Elliott Wave analysis video for October 13, 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 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 bullish in 1 hour chart. Intraday support is present at 1.1746 price level. So, as long as price stays above 1.1746 support level, look for buy trades. If bearish candlestick closes below 1.1746 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 1.3121 price level. So, as long as price stays above 1.3121 support level, look for buy trades. If bearish candlestick closes below 1.3121 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 112.83 price level. So, as long as price stays below 112.83 resistance level, look for sell trades. If bullish candlestick closes above 112.83 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 1.2416 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 bearish in 1 hour chart. Intraday resistance is present at 0.9807 price level. So, as long as price stays below 0.9807 resistance level, look for sell trades. If bullish candlestick closes above 0.9807 critical resistance level, then down trend is going to end.

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