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 May 28, 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 0.6679 price level. So, as long as price stays below 0.6679 resistance level, look for sell trades. If bullish candlestick closes above 0.6679 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 116.84 price level. So, as long as price stays above 116.84 support level, look for buy trades. If bearish candlestick closes below 116.84 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 1.0914 price level. So, as long as price stays above 1.0914 support level, look for buy trades. If bearish candlestick closes below 1.0914 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 1.2160 price level. So, as long as price stays above 1.2160 support level, look for buy trades. If bearish candlestick closes below 1.2160 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 106.73 price level. So, as long as price stays above 106.73 support level, look for buy trades. If bearish candlestick closes below 106.73 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 1.3978 price level. So, as long as price stays below 1.3978 resistance level, look for sell trades. If bullish candlestick closes above 1.3978 critical resistance level, then down trend is going to end.

USD/CHF
The Trend is bullish in 1 hour chart. Intraday support is present at 0.9637 price level. So, as long as price stays above 0.9637 support level, look for buy trades. If bearish candlestick closes below 0.9637 critical support level, then up trend is going to end.

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

Monday Tuesday Wednesday Thursday Friday Saturday Sunday
123
45678910
11121314151617
18192021222324
25262728293031

2020:
January, February, March, April, May.

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.

© 2005–2020

EarnForex.com

Design — Mart Studio

Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.

CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.