December 22, 2017 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for December 22, 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 0.7653 price level. So, as long as price stays above 0.7653 support level, look for buy trades. If bearish candlestick closes below 0.7653 critical support level, then up trend is going to end.

EUR/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 133.00 price level. So, as long as price stays above 133.00 support level, look for buy trades. If bearish candlestick closes below 133.00 critical support level, then up trend is going to end.

EUR/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.1739 price level. So, as long as price stays above 1.1739 support level, look for buy trades. If bearish candlestick closes below 1.1739 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 1.3420 price level. So, as long as price stays below 1.3420 resistance level, look for sell trades. If bullish candlestick closes above 1.3420 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 112.03 price level. So, as long as price stays above 112.03 support level, look for buy trades. If bearish candlestick closes below 112.03 critical support level, then up trend is going to end.

USD/CAD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2919 price level. So, as long as price stays below 1.2919 resistance level, look for sell trades. If bullish candlestick closes above 1.2919 critical resistance level, then down trend is going to end.

USD/CHF
The Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9934 price level. So, as long as price stays below 0.9934 resistance level, look for sell trades. If bullish candlestick closes above 0.9934 critical resistance level, then down trend is going to end.

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