December 11, 2017 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for December 11, 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 0.7571 price level. So, as long as price stays below 0.7571 resistance level, look for sell trades. If bullish candlestick closes above 0.7571 critical resistance level, then down trend is going to end.

EUR/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 133.10 price level. So, as long as price stays above 133.10 support level, look for buy trades. If bearish candlestick closes below 133.10 critical support level, then up trend is going to end.

EUR/USD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1808 price level. So, as long as price stays below 1.1808 resistance level, look for sell trades. If bullish candlestick closes above 1.1808 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 1.3519 price level. So, as long as price stays below 1.3519 resistance level, look for sell trades. If bullish candlestick closes above 1.3519 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 111.41 price level. So, as long as price stays above 111.41 support level, look for buy trades. If bearish candlestick closes below 111.41 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 1.2706 price level. So, as long as price stays above 1.2706 support level, look for buy trades. If bearish candlestick closes below 1.2706 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 0.9876 price level. So, as long as price stays above 0.9876 support level, look for buy trades. If bearish candlestick closes below 0.9876 critical support level, then up trend is going to end.

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