February 2, 2017 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for February 2, 2017, 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 0.7550 price level. So, as long as price stay above 0.7550 support level, look for buy trades. If bearish candlestick closes below 0.7550 critical support level then up trend is going to end.

EUR/JPY
Trend is bullish in 1 hour chart. Intraday support is present at 121.00 price level. So, as long as price stay above 121.00 support level, look for buy trades. If bearish candlestick closes below 121.00 critical support level then up trend is going to end.

EUR/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.0620 price level. So, as long as price stay above 1.0620 support level, look for buy trades. If bearish candlestick closes below 1.0620 critical support level then up trend is going to end.

GBP/USD
Trend is bullish in 1 hour chart. Intraday support is present at 1.2412 price level. So, as long as price stay above 1.2412 support level, look for buy trades. If bearish candlestick closes below 1.2412 critical support level then up trend is going to end.

USD/JPY
Trend is bearish in 1 hour chart. Intraday resistance is present at 113.94 price level. So, as long as price stay below 113.94 resistance level, look for sell trades. If bullish candlestick closes above 113.94 critical resistance level then down trend is going to end.

USD/CAD
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3211 price level. So, as long as price stay below 1.3211 resistance level, look for sell trades. If bullish candlestick closes above 1.3211 critical resistance level then down trend is going to end.

USD/CHF
Trend is bearish in 1 hour chart. Intraday resistance is present at 1.0043 price level. So, as long as price stay below 1.0043 resistance level, look for sell trades. If bullish candlestick closes above 1.0043 critical resistance level then down trend is going to end.

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