February 3, 2016 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for February 3, 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 bullish in 1 hour chart. Intraday support is present at 0.6917 price level. So, as long as price stay above 0.6917 support level, look for buy trades. If bearish candlestick closes below 0.6917 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 128.53 price level. So, as long as price stay above 128.53 support level, look for buy trades. If bearish candlestick closes below 128.53 critical support level then up trend is going to end.

EUR/USD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.0991 price level. So, as long as price stay below 1.0991 resistance level, look for sell trades. If bullish candlestick closes above 1.0991 critical resistance level then down trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.4149 price level. So, as long as price stay above 1.4149 support level, look for buy trades. If bearish candlestick closes below 1.4149 critical support level then up trend is going to end.

USD/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 117.66 price level. So, as long as price stay above 117.66 support level, look for buy trades. If bearish candlestick closes below 117.66 critical support level then up trend is going to end.

USD/CAD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.4325 price level. So, as long as price stay below 1.4325 resistance level, look for sell trades. If bullish candlestick closes above 1.4325 critical resistance level then down trend is going to end.

USD/CHF
Trend is bullish in 1 hour chart. Intraday support is present at 1.0110 price level. So, as long as price stay above 1.0110 support level, look for buy trades. If bearish candlestick closes below 1.0110 critical support level then up trend is going to end.

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