January 16, 2018 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for January 16, 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 0.7904 price level. So, as long as price stays above 0.7904 support level, look for buy trades. If bearish candlestick closes below 0.7904 critical support level, then up trend is going to end.

EUR/JPY
The Trend is bearish in 1 hour chart. Intraday resistance is present at 136.63 price level. So, as long as price stays below 136.63 resistance level, look for sell trades. If bullish candlestick closes above 136.63 critical resistance level, then down trend is going to end.

EUR/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.2018 price level. So, as long as price stays above 1.2018 support level, look for buy trades. If bearish candlestick closes below 1.2018 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 1.3564 price level. So, as long as price stays above 1.3564 support level, look for buy trades. If bearish candlestick closes below 1.3564 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 111.70 price level. So, as long as price stays below 111.70 resistance level, look for sell trades. If bullish candlestick closes above 111.70 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 1.2555 price level. So, as long as price stays below 1.2555 resistance level, look for sell trades. If bullish candlestick closes above 1.2555 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 0.9753 price level. So, as long as price stays below 0.9753 resistance level, look for sell trades. If bullish candlestick closes above 0.9753 critical resistance level, then down trend is going to end.

Below, you can browse the archives of the previous daily videos:

Monday Tuesday Wednesday Thursday Friday Saturday Sunday
1234567
891011121314
15161718192021
22232425262728
293031

2018:
January, February, March, April, May.

2017:
January, February, March, April, May, June, July, August, September, October, November, December.

2016:
January, February, March, April, May, June, July, August, September, October, November, December.

2015:
January, February, March, April, May, June, July, August, September, October, November, December.

2014:
January, February, March, April, May, June, July, August, September, October, November, December.

2013:
January, February, March, April, May, June, July, August, September, October, November, December.

2012:
January, February, March, April, May, June, July, August, September, October, November, December.

2011:
March, April, May, June, July, August, September, October, November, December.

You can discuss these daily Elliott Wave analysis videos on our technical analysis Forex forum.