Daily Elliott Wave Video Analysis — May 21, 2018

The daily Elliott Wave analysis video for May 21, 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 bullish in 1 hour chart. Intraday support is present at 0.7446 price level. So, as long as price stays above 0.7446 support level, look for buy trades. If bearish candlestick closes below 0.7446 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 131.37 price level. So, as long as price stays below 131.37 resistance level, look for sell trades. If bullish candlestick closes above 131.37 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 1.1910 price level. So, as long as price stays below 1.1910 resistance level, look for sell trades. If bullish candlestick closes above 1.1910 critical resistance level, then down trend is going to end.

GBP/USD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.3449 price level. So, as long as price stays below 1.3449 resistance level, look for sell trades. If bullish candlestick closes above 1.3449 critical resistance level, then down trend is going to end.

USD/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 110.03 price level. So, as long as price stays above 110.03 support level, look for buy trades. If bearish candlestick closes below 110.03 critical support level, then up trend is going to end.

USD/CAD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.2940 price level. So, as long as price stays below 1.2940 resistance level, look for sell trades. If bullish candlestick closes above 1.2940 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 1.0042 price level. So, as long as price stays below 1.0042 resistance level, look for sell trades. If bullish candlestick closes above 1.0042 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
123456
78910111213
14151617181920
21222324252627
28293031

2018:
January, February, March, April, May, June, July, August, September, October, November, December.

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.