Daily Elliott Wave Video Analysis — January 15, 2013

The daily Elliott Wave analysis video for January 15, 2013, 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 bearish in 1 hour chart. Intraday resistance is present at 1.0596 price level. So, as long as price stay below 1.0596 resistance level, look for sell trades. If bullish candlestick closes above 1.0596 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 117.60 price level. So, as long as price stay above 117.60 support level, look for buy trades. If bearish candlestick closes below 117.60 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3282 price level. So, as long as price stay above 1.3282 support level, look for buy trades. If bearish candlestick closes below 1.3282 critical support level then up trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.6379 price level. So, as long as price stay below 1.6379 resistance level, look for sell trades. If bullish candlestick closes above 1.6379 critical resistance level then down trend is going to end.

USD/CHF
Trend is sideways in 1 hour chart. Intraday resistance is present at 0.9285 price level and intraday support is present at 0.9103 price level. So, it is better to stay out until price provides a break out or break down in any direction.

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