February 8, 2012 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for February 8, 2012, is available here. The video will always remain accessible via the current link for a future relevance. 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 view the videos in a full screen mode.


AUD/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.0681 price level. So, as long as price stay above 1.0681 support level, look for buy trades. If bearish candlestick closes below 1.0681 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 99.83 price level. So, as long as price stay above 99.83 support level, look for buy trades. If bearish candlestick closes below 99.83 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3095 price level. Price has completed bullish tri-angle pattern. So, as long as price stay above 1.3095 support level, look for buy trades. If bearish candlestick closes below 1.3095 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.5728 price level. So, as long as price stay above 1.5728 support level, look for buy trades. If bearish candlestick closes below 1.5728 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9261 price level. So, as long as price stay below 0.9261 resistance level, look for sell trades. If bullish candlestick closes above 0.9261 critical resistance level then down trend is going to end.

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