January 11, 2016 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for January 11, 2016, 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 0.7073 price level. So, as long as price stay below 0.7073 resistance level, look for sell trades. If bullish candlestick closes above 0.7073 critical resistance level then down trend is going to end.

EUR/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 131.02 price level. So, as long as price stay below 131.02 resistance level, look for sell trades. If bullish candlestick closes above 131.02 critical resistance level then down trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.0710 price level. So, as long as price stay above 1.0710 support level, look for buy trades. If bearish candlestick closes below 1.0710 critical support level then up trend is going to end.

GBP/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.4816 price level. So, as long as price stay below 1.4816 resistance level, look for sell trades. If bullish candlestick closes above 1.4816 critical resistance level then down trend is going to end.

USD/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 119.68 price level. So, as long as price stay below 119.68 resistance level, look for sell trades. If bullish candlestick closes above 119.68 critical resistance level then down trend is going to end.

USD/CAD
Trend is bullish in 1 hour chart. Intraday support is present at 1.3814 price level. So, as long as price stay above 1.3814 support level, look for buy trades. If bearish candlestick closes below 1.3814 critical support level then up trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 0.9856 price level. So, as long as price stay above 0.9856 support level, look for buy trades. If bearish candlestick closes below 0.9856 critical support level then up trend is going to end.

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