Daily Elliott Wave Video Analysis — January 9, 2019

The daily Elliott Wave analysis video for January 9, 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 bullish in 1 hour chart. Intraday support is present at 0.7017 price level. So, as long as price stays above 0.7017 support level, look for buy trades. If bearish candlestick closes below 0.7017 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 125.98 price level. So, as long as price stays below 125.98 resistance level, look for sell trades. If bullish candlestick closes above 125.98 critical resistance level, then down trend is going to end.

EUR/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.1418 price level. So, as long as price stays above 1.1418 support level, look for buy trades. If bearish candlestick closes below 1.1418 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 1.2616 price level. So, as long as price stays above 1.2616 support level, look for buy trades. If bearish candlestick closes below 1.2616 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 110.81 price level. So, as long as price stays below 110.81 resistance level, look for sell trades. If bullish candlestick closes above 110.81 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 1.3570 price level. So, as long as price stays below 1.3570 resistance level, look for sell trades. If bullish candlestick closes above 1.3570 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 0.9846 price level. So, as long as price stays below 0.9846 resistance level, look for sell trades. If bullish candlestick closes above 0.9846 critical resistance level, then down trend is going to end.

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