Daily Elliott Wave Video Analysis — July 23, 2019

The daily Elliott Wave analysis video for July 23, 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 0.7056 price level. So, as long as price stays below 0.7056 resistance level, look for sell trades. If bullish candlestick closes above 0.7056 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 122.30 price level. So, as long as price stays below 122.30 resistance level, look for sell trades. If bullish candlestick closes above 122.30 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 1.1284 price level. So, as long as price stays below 1.1284 resistance level, look for sell trades. If bullish candlestick closes above 1.1284 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 1.2576 price level. So, as long as price stays below 1.2576 resistance level, look for sell trades. If bullish candlestick closes above 1.2576 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 107.20 price level. So, as long as price stays above 107.20 support level, look for buy trades. If bearish candlestick closes below 107.20 critical support level, then up trend is going to end.

USD/CAD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.3109 price level. So, as long as price stays above 1.3109 support level, look for buy trades. If bearish candlestick closes below 1.3109 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 0.9907 price level. So, as long as price stays below 0.9907 resistance level, look for sell trades. If bullish candlestick closes above 0.9907 critical resistance level, then down trend is going to end.

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