Daily Elliott Wave Video Analysis — February 8, 2012

The daily Elliott Wave analysis video for February 8, 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 1.0681 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.

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

Monday Tuesday Wednesday Thursday Friday Saturday Sunday
12345
6789101112
13141516171819
20212223242526
272829

2021:
January.

2020:
January, February, March, April, May, June, July, August, September, October, November, December.

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.

© 2005–2021

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.