February 20, 2018 — Daily Elliott Wave Video Analysis

The daily Elliott Wave analysis video for February 20, 2018, is available here. The video will always remain accessible via the current link for future reference. 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 watch the video in a fullscreen 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 bearish in 1 hour chart. Intraday resistance is present at 133.78 price level. So, as long as price stays below 133.78 resistance level, look for sell trades. If bullish candlestick closes above 133.78 critical resistance level, then down trend is going to end.

EUR/USD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2554 price level. So, as long as price stays below 1.2554 resistance level, look for sell trades. If bullish candlestick closes above 1.2554 critical resistance level, then down trend is going to end.

GBP/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.3923 price level. So, as long as price stays above 1.3923 support level, look for buy trades. If bearish candlestick closes below 1.3923 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 108.45 price level. So, as long as price stays below 108.45 resistance level, look for sell trades. If bullish candlestick closes above 108.45 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 1.2687 price level. So, as long as price stays below 1.2687 resistance level, look for sell trades. If bullish candlestick closes above 1.2687 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 0.9348 price level. So, as long as price stays below 0.9348 resistance level, look for sell trades. If bullish candlestick closes above 0.9348 critical resistance level, then down trend is going to end.

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