February 1, 2018 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for February 1, 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 bearish in 1 hour chart. Intraday resistance is present at 0.8042 price level. So, as long as price stays below 0.8042 resistance level, look for sell trades. If bullish candlestick closes above 0.8042 critical resistance level, then down trend is going to end.

EUR/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 135.38 price level. So, as long as price stays above 135.38 support level, look for buy trades. If bearish candlestick closes below 135.38 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 1.2335 price level. So, as long as price stays above 1.2335 support level, look for buy trades. If bearish candlestick closes below 1.2335 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 1.3979 price level. So, as long as price stays above 1.3979 support level, look for buy trades. If bearish candlestick closes below 1.3979 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 110.20 price level. So, as long as price stays below 110.20 resistance level, look for sell trades. If bullish candlestick closes above 110.20 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 1.2390 price level. So, as long as price stays below 1.2390 resistance level, look for sell trades. If bullish candlestick closes above 1.2390 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 0.9536 price level. So, as long as price stays below 0.9536 resistance level, look for sell trades. If bullish candlestick closes above 0.9536 critical resistance level, then down trend is going to end.

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