Daily Elliott Wave Video Analysis — January 2, 2019

The daily Elliott Wave analysis video for January 2, 2019, 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 0.7151 price level. So, as long as price stays below 0.7151 resistance level, look for sell trades. If bullish candlestick closes above 0.7151 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 128.38 price level. So, as long as price stays below 128.38 resistance level, look for sell trades. If bullish candlestick closes above 128.38 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 1.1485 price level. So, as long as price stays below 1.1485 resistance level, look for sell trades. If bullish candlestick closes above 1.1485 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 1.2528 price level. So, as long as price stays above 1.2528 support level, look for buy trades. If bearish candlestick closes below 1.2528 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 113.20 price level. So, as long as price stays below 113.20 resistance level, look for sell trades. If bullish candlestick closes above 113.20 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 1.3444 price level. So, as long as price stays above 1.3444 support level, look for buy trades. If bearish candlestick closes below 1.3444 critical support level, then up trend is going to end.

USD/CHF
The Trend is bearish in 1 hour chart. Intraday resistance is present at 0.9989 price level. So, as long as price stays below 0.9989 resistance level, look for sell trades. If bullish candlestick closes above 0.9989 critical resistance level, then down trend is going to end.

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