Daily Elliott Wave Video Analysis — January 29, 2019
The daily Elliott Wave analysis video for January 29, 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 0.7075 price level. So, as long as price stays above 0.7075 support level, look for buy trades. If bearish candlestick closes below 0.7075 critical support level, then up trend is going to end.
EUR/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 123.37 price level. So, as long as price stays above 123.37 support level, look for buy trades. If bearish candlestick closes below 123.37 critical support level, then up trend is going to end.
EUR/USD
The Trend is bearish in 1 hour chart. Intraday resistance is present at 1.1484 price level. So, as long as price stays below 1.1484 resistance level, look for sell trades. If bullish candlestick closes above 1.1484 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 1.2929 price level. So, as long as price stays above 1.2929 support level, look for buy trades. If bearish candlestick closes below 1.2929 critical support level, then up trend is going to end.
USD/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 107.77 price level. So, as long as price stays above 107.77 support level, look for buy trades. If bearish candlestick closes below 107.77 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 1.3570 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 bullish in 1 hour chart. Intraday support is present at 0.9854 price level. So, as long as price stays above 0.9854 support level, look for buy trades. If bearish candlestick closes below 0.9854 critical support level, then up trend is going to end.
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