Daily Elliott Wave Video Analysis — December 13, 2017

The daily Elliott Wave analysis video for December 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 0.7597 price level. So, as long as price stays below 0.7597 resistance level, look for sell trades. If bullish candlestick closes above 0.7597 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 132.25 price level. So, as long as price stays above 132.25 support level, look for buy trades. If bearish candlestick closes below 132.25 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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