February 6, 2014 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for February 6, 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 bullish in 1 hour chart. Intraday support is present at 0.8729 price level. So, as long as price stay above 0.8729 support level, look for buy trades. If bearish candlestick closes below 0.8729 critical support level then up trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 139.23 price level. So, as long as price stay below 139.23 resistance level, look for sell trades. If bullish candlestick closes above 139.23 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3688 price level. So, as long as price stay below 1.3688 resistance level, look for sell trades. If bullish candlestick closes above 1.3688 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.6473 price level. So, as long as price stay below 1.6473 resistance level, look for sell trades. If bullish candlestick closes above 1.6473 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.8934 price level. So, as long as price stay above 0.8934 support level, look for buy trades. If bearish candlestick closes below 0.8934 critical support level then up trend is going to end.

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