January 31, 2014 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for January 31, 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 0.8887 price level. So, as long as price stay below 0.8887 resistance level, look for sell trades. If bullish candlestick closes above 0.8887 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 141.24 price level. So, as long as price stay below 141.24 resistance level, look for sell trades. If bullish candlestick closes above 141.24 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3892 price level. So, as long as price stay below 1.3892 resistance level, look for sell trades. If bullish candlestick closes above 1.3892 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.6624 price level. So, as long as price stay below 1.6624 resistance level, look for sell trades. If bullish candlestick closes above 1.6624 critical resistance level then down trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9083 price level. So, as long as price stay below 0.9083 resistance level, look for sell trades. If bullish candlestick closes above 0.9083 critical resistance level then down trend is going to end.

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