Daily Elliott Wave Video Analysis — September 1, 2020

The daily Elliott Wave analysis video for September 1, 2020, 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 0.7274 price level. So, as long as price stays above 0.7274 support level, look for buy trades. If bearish candlestick closes below 0.7274 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 125.93 price level. So, as long as price stays above 125.93 support level, look for buy trades. If bearish candlestick closes below 125.93 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 1.1900 price level. So, as long as price stays above 1.1900 support level, look for buy trades. If bearish candlestick closes below 1.1900 critical support level, then up trend is going to end.

GBP/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.3283 price level. So, as long as price stays above 1.3283 support level, look for buy trades. If bearish candlestick closes below 1.3283 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 107.04 price level. So, as long as price stays below 107.04 resistance level, look for sell trades. If bullish candlestick closes above 107.04 critical resistance level, then down trend is going to end.

USD/CAD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3204 price level. So, as long as price stays below 1.3204 resistance level, look for sell trades. If bullish candlestick closes above 1.3204 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 0.9060 price level. So, as long as price stays below 0.9060 resistance level, look for sell trades. If bullish candlestick closes above 0.9060 critical resistance level, then down trend is going to end.

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