Daily Elliott Wave Video Analysis — March 12, 2019

The daily Elliott Wave analysis video for March 12, 2019, 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 bullish in 1 hour chart. Intraday support is present at 0.7051 price level. So, as long as price stays above 0.7051 support level, look for buy trades. If bearish candlestick closes below 0.7051 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 126.43 price level. So, as long as price stays below 126.43 resistance level, look for sell trades. If bullish candlestick closes above 126.43 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 1.1351 price level. So, as long as price stays below 1.1351 resistance level, look for sell trades. If bullish candlestick closes above 1.1351 critical resistance level, then down trend is going to end.

GBP/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.2960 price level. So, as long as price stays above 1.2960 support level, look for buy trades. If bearish candlestick closes below 1.2960 critical support level, then up trend is going to end.

USD/JPY
The Trend is bearish in 1 hour chart. Intraday resistance is present at 111.57 price level. So, as long as price stays below 111.57 resistance level, look for sell trades. If bullish candlestick closes above 111.57 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 1.3235 price level. So, as long as price stays above 1.3235 support level, look for buy trades. If bearish candlestick closes below 1.3235 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 1.0019 price level. So, as long as price stays above 1.0019 support level, look for buy trades. If bearish candlestick closes below 1.0019 critical support level, then up trend is going to end.

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