Daily Elliott Wave Video Analysis — October 2, 2019

The daily Elliott Wave analysis video for October 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 0.6830 price level. So, as long as price stays below 0.6830 resistance level, look for sell trades. If bullish candlestick closes above 0.6830 critical resistance level, then down trend is going to end.

EUR/JPY
The Trend is bullish in 1 hour chart. Intraday support is present at 115.85 price level. So, as long as price stays above 115.85 support level, look for buy trades. If bearish candlestick closes below 115.85 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 1.0989 price level. So, as long as price stays below 1.0989 resistance level, look for sell trades. If bullish candlestick closes above 1.0989 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 1.2412 price level. So, as long as price stays below 1.2412 resistance level, look for sell trades. If bullish candlestick closes above 1.2412 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 108.48 price level. So, as long as price stays below 108.48 resistance level, look for sell trades. If bullish candlestick closes above 108.48 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 1.3382 price level. So, as long as price stays below 1.3382 resistance level, look for sell trades. If bullish candlestick closes above 1.3382 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 1.0016 price level. So, as long as price stays below 1.0016 resistance level, look for sell trades. If bullish candlestick closes above 1.0016 critical resistance level, then down trend is going to end.

Below, you can browse the archives of the previous daily videos:

Monday Tuesday Wednesday Thursday Friday Saturday Sunday
123456
78910111213
14151617181920
21222324252627
28293031

2020:
January, February.

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.