February 4, 2015 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for February 4, 2015, 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 bearish in 1 hour chart. Intraday resistance is present at 0.7905 price level. So, as long as price stay below 0.7905 resistance level, look for sell trades. If bullish candlestick closes above 0.7905 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 135.79 price level. So, as long as price stay below 135.79 resistance level, look for sell trades. If bullish candlestick closes above 135.79 critical resistance level then down trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1561 price level. So, as long as price stay below 1.1561 resistance level, look for sell trades. If bullish candlestick closes above 1.1561 critical resistance level then down trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.5268 price level. So, as long as price stay below 1.5268 resistance level, look for sell trades. If bullish candlestick closes above 1.5268 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.8935 price level. So, as long as price stay above 0.8935 support level, look for buy trades. If bearish candlestick closes below 0.8935 critical support level then up trend is going to end.

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