February 18, 2014 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for February 18, 2014, is available here. The video will always remain accessible via the current link for future reference. 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 watch the video in a fullscreen mode.


AUD/USD
Trend is bullish in 1 hour chart. Intraday support is present at 0.8905 price level. So, as long as price stay above 0.8905 support level, look for buy trades. If bearish candlestick closes below 0.8905 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 137.57 price level. So, as long as price stay above 137.57 support level, look for buy trades. If bearish candlestick closes below 137.57 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3738 price level. So, as long as price stay below 1.3738 resistance level, look for sell trades. If bullish candlestick closes above 1.3738 critical resistance level then down trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.6620 price level. So, as long as price stay above 1.6620 support level, look for buy trades. If bearish candlestick closes below 1.6620 critical support level then up trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9037 price level. So, as long as price stay below 0.9037 resistance level, look for sell trades. If bullish candlestick closes above 0.9037 critical resistance level then down trend is going to end.

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