Daily Elliott Wave Video Analysis — October 29, 2018

The daily Elliott Wave analysis video for October 29, 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 0.7158 price level. So, as long as price stays below 0.7158 resistance level, look for sell trades. If bullish candlestick closes above 0.7158 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 130.48 price level. So, as long as price stays below 130.48 resistance level, look for sell trades. If bullish candlestick closes above 130.48 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 1.1618 price level. So, as long as price stays below 1.1618 resistance level, look for sell trades. If bullish candlestick closes above 1.1618 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 1.3087 price level. So, as long as price stays below 1.3087 resistance level, look for sell trades. If bullish candlestick closes above 1.3087 critical resistance level, then down trend is going to end.

USD/JPY
The Trend is bearish in 1 hour chart. Intraday resistance is present at 112.88 price level. So, as long as price stays below 112.88 resistance level, look for sell trades. If bullish candlestick closes above 112.88 critical resistance level, then down trend is going to end.

USD/CAD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.2915 price level. So, as long as price stays above 1.2915 support level, look for buy trades. If bearish candlestick closes below 1.2915 critical support level, then up trend is going to end.

USD/CHF
The Trend is bullish in 1 hour chart. Intraday support is present at 0.9847 price level. So, as long as price stays above 0.9847 support level, look for buy trades. If bearish candlestick closes below 0.9847 critical support level, then up 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

2020:
January, February, March, April, May, June, July, August, September, October, November, December.

2019:
January, February, March, April, May, June, July, August, September, October, November, December.

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.

© 2005–2020

EarnForex.com

Design — Mart Studio

Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.

CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.