January 24, 2013 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for January 24, 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 1.0579 price level. So, as long as price stay below 1.0579 resistance level, look for sell trades. If bullish candlestick closes above 1.0579 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 116.99 price level. So, as long as price stay above 116.99 support level, look for buy trades. If bearish candlestick closes below 116.99 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3263 price level. So, as long as price stay above 1.3263 support level, look for buy trades. If bearish candlestick closes below 1.3263 critical support level then up trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5996 price level. So, as long as price stay below 1.5996 resistance level, look for sell trades. If bullish candlestick closes above 1.5996 critical resistance level then down trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9345 price level. So, as long as price stay below 0.9345 resistance level, look for sell trades. If bullish candlestick closes above 0.9345 critical resistance level then down trend is going to end.

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