January 8, 2018 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for January 8, 2018, 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
The Trend is bullish in 1 hour chart. Intraday support is present at 0.7653 price level. So, as long as price stays above 0.7653 support level, look for buy trades. If bearish candlestick closes below 0.7653 critical support level, then up trend is going to end.

EUR/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 133.90 price level. So, as long as price stays above 133.90 support level, look for buy trades. If bearish candlestick closes below 133.90 critical support level, then up trend is going to end.

EUR/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.1817 price level. So, as long as price stays above 1.1817 support level, look for buy trades. If bearish candlestick closes below 1.1817 critical support level, then up trend is going to end.

GBP/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.3346 price level. So, as long as price stays above 1.3346 support level, look for buy trades. If bearish candlestick closes below 1.3346 critical support level, then up trend is going to end.

USD/JPY
The Trend is bearish in 1 hour chart. Intraday resistance is present at 113.63 price level. So, as long as price stays below 113.63 resistance level, look for sell trades. If bullish candlestick closes above 113.63 critical resistance level, then down trend is going to end.

USD/CAD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2556 price level. So, as long as price stays below 1.2556 resistance level, look for sell trades. If bullish candlestick closes above 1.2556 critical resistance level, then down trend is going to end.

USD/CHF
The Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9915 price level. So, as long as price stays below 0.9915 resistance level, look for sell trades. If bullish candlestick closes above 0.9915 critical resistance level, then down trend is going to end.

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