January 21, 2014 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for January 21, 2014, 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 0.8932 price level. So, as long as price stay below 0.8932 resistance level, look for sell trades. If bullish candlestick closes above 0.8932 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 142.90 price level. So, as long as price stay below 142.90 resistance level, look for sell trades. If bullish candlestick closes above 142.90 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3698 price level. So, as long as price stay below 1.3698 resistance level, look for sell trades. If bullish candlestick closes above 1.3698 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.6463 price level. So, as long as price stay below 1.6463 resistance level, look for sell trades. If bullish candlestick closes above 1.6463 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.8984 price level. So, as long as price stay above 0.8984 support level, look for buy trades. If bearish candlestick closes below 0.8984 critical support level then up trend is going to end.

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