January 23, 2018 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for January 23, 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 0.7941 price level. So, as long as price stays above 0.7941 support level, look for buy trades. If bearish candlestick closes below 0.7941 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 134.97 price level. So, as long as price stays above 134.97 support level, look for buy trades. If bearish candlestick closes below 134.97 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 1.2165 price level. So, as long as price stays above 1.2165 support level, look for buy trades. If bearish candlestick closes below 1.2165 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 1.3741 price level. So, as long as price stays above 1.3741 support level, look for buy trades. If bearish candlestick closes below 1.3741 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 0.9667 price level. So, as long as price stays below 0.9667 resistance level, look for sell trades. If bullish candlestick closes above 0.9667 critical resistance level, then down trend is going to end.

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