February 6, 2015 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for February 6, 2015, 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 0.7905 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 bullish in 1 hour chart. Intraday support is present at 1.5164 price level. So, as long as price stay above 1.5164 support level, look for buy trades. If bearish candlestick closes below 1.5164 critical support level then up trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9167 price level. So, as long as price stay above 0.9167 support level, look for buy trades. If bearish candlestick closes below 0.9167 critical support level then up trend is going to end.

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