January 18, 2013 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for January 18, 2013, 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 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 119.79 price level. So, as long as price stay above 119.79 support level, look for buy trades. If bearish candlestick closes below 119.79 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3332 price level. So, as long as price stay above 1.3332 support level, look for buy trades. If bearish candlestick closes below 1.3332 critical support level then up trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.6178 price level. So, as long as price stay below 1.6178 resistance level, look for sell trades. If bullish candlestick closes above 1.6178 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9296 price level. So, as long as price stay above 0.9296 support level, look for buy trades. If bearish candlestick closes below 0.9296 critical support level then up trend is going to end.

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