Daily Elliott Wave Forex Forecast

Here you will find the daily Forex analysis based on the famous Elliott Wave theory. Five currency pairs are researched in each video  — EUR/USD, GBP/USD, USD/CHF, AUD/USD, EUR/JPY, USD/CAD, and USD/JPY. A Forex forecast is produced for each of them using the Elliott Wave count techniques and some supporting indicators. The videos are recorded by Muhammad Azeem, who practices Elliott Wave techniques since 2005 and works in Forex technical analysis since 2001. Watch the latest video uploaded on August 5, 2020:

It is recommended to watch the videos in a fullscreen mode.


AUD/USD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 0.7226 price level. So, as long as price stays below 0.7226 resistance level, look for sell trades. If bullish candlestick closes above 0.7226 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 123.97 price level. So, as long as price stays above 123.97 support level, look for buy trades. If bearish candlestick closes below 123.97 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 1.1908 price level. So, as long as price stays below 1.1908 resistance level, look for sell trades. If bullish candlestick closes above 1.1908 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 1.2648 price level. So, as long as price stays above 1.2648 support level, look for buy trades. If bearish candlestick closes below 1.2648 critical support level, then up trend is going to end.

USD/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 104.85 price level. So, as long as price stays above 104.85 support level, look for buy trades. If bearish candlestick closes below 104.85 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 1.3458 price level. So, as long as price stays below 1.3458 resistance level, look for sell trades. If bullish candlestick closes above 1.3458 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 0.9428 price level. So, as long as price stays below 0.9428 resistance level, look for sell trades. If bullish candlestick closes above 0.9428 critical resistance level, then down trend is going to end.

Below, you can browse the archives of the previous daily videos:

Monday Tuesday Wednesday Thursday Friday Saturday Sunday
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2020:
January, February, March, April, May, June, July, August.

2019:
January, February, March, April, May, June, July, August, September, October, November, December.

2018:
January, February, March, April, May, June, July, August, September, October, November, December.

2017:
January, February, March, April, May, June, July, August, September, October, November, December.

2016:
January, February, March, April, May, June, July, August, September, October, November, December.

2015:
January, February, March, April, May, June, July, August, September, October, November, December.

2014:
January, February, March, April, May, June, July, August, September, October, November, December.

2013:
January, February, March, April, May, June, July, August, September, October, November, December.

2012:
January, February, March, April, May, June, July, August, September, October, November, December.

2011:
March, April, May, June, July, August, September, October, November, December.

You can discuss these daily Elliott Wave analysis videos on our technical analysis Forex forum.

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