Daily Elliott Wave Video Analysis — August 13, 2018

The daily Elliott Wave analysis video for August 13, 2018, 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 0.7413 price level. So, as long as price stays below 0.7413 resistance level, look for sell trades. If bullish candlestick closes above 0.7413 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 128.48 price level. So, as long as price stays below 128.48 resistance level, look for sell trades. If bullish candlestick closes above 128.48 critical resistance level, then down trend is going to end.

EUR/USD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1572 price level. So, as long as price stays below 1.1572 resistance level, look for sell trades. If bullish candlestick closes above 1.1572 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 1.3082 price level. So, as long as price stays below 1.3082 resistance level, look for sell trades. If bullish candlestick closes above 1.3082 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 112.15 price level. So, as long as price stays below 112.15 resistance level, look for sell trades. If bullish candlestick closes above 112.15 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 1.3000 price level. So, as long as price stays above 1.3000 support level, look for buy trades. If bearish candlestick closes below 1.3000 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 0.9894 price level. So, as long as price stays above 0.9894 support level, look for buy trades. If bearish candlestick closes below 0.9894 critical support level, then up trend is going to end.

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