October 19, 2017 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for October 19, 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 0.7732 price level. So, as long as price stays above 0.7732 support level, look for buy trades. If bearish candlestick closes below 0.7732 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 134.39 price level. So, as long as price stays below 134.39 resistance level, look for sell trades. If bullish candlestick closes above 134.39 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 1.1669 price level. So, as long as price stays above 1.1669 support level, look for buy trades. If bearish candlestick closes below 1.1669 critical support level, then up trend is going to end.

GBP/USD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3337 price level. So, as long as price stays below 1.3337 resistance level, look for sell trades. If bullish candlestick closes above 1.3337 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 113.44 price level. So, as long as price stays below 113.44 resistance level, look for sell trades. If bullish candlestick closes above 113.44 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 1.2432 price level. So, as long as price stays above 1.2432 support level, look for buy trades. If bearish candlestick closes below 1.2432 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 0.9791 price level. So, as long as price stays below 0.9791 resistance level, look for sell trades. If bullish candlestick closes above 0.9791 critical resistance level, then down trend is going to end.

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