January 26, 2012 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for January 26, 2012, 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
Trend is bullish in 1 hour chart. Intraday support is present at 1.0426 price level. So, as long as price stay above 1.0426 support level, look for buy trades. If bearish candlestick closes below 1.0426 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 100.94 price level. So, as long as price stay above 100.94 support level, look for buy trades. If bearish candlestick closes below 100.94 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.2930 price level. So, as long as price stay above 1.2930 support level, look for buy trades. If bearish candlestick closes below 1.2930 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5531 price level. So, as long as price stay above 1.5531 support level, look for buy trades. If bearish candlestick closes below 1.5531 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9339 price level. So, as long as price stay below 0.9339 resistance level, look for sell trades. If bullish candlestick closes above 0.9339 critical resistance level then down trend is going to end.

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