Daily Elliott Wave Video Analysis — February 10, 2020

The daily Elliott Wave analysis video for February 10, 2020, 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 0.6848 price level. So, as long as price stays below 0.6848 resistance level, look for sell trades. If bullish candlestick closes above 0.6848 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 122.49 price level. So, as long as price stays below 122.49 resistance level, look for sell trades. If bullish candlestick closes above 122.49 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 1.1034 price level. So, as long as price stays below 1.1034 resistance level, look for sell trades. If bullish candlestick closes above 1.1034 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 1.3069 price level. So, as long as price stays below 1.3069 resistance level, look for sell trades. If bullish candlestick closes above 1.3069 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 108.79 price level. So, as long as price stays above 108.79 support level, look for buy trades. If bearish candlestick closes below 108.79 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 1.3225 price level. So, as long as price stays above 1.3225 support level, look for buy trades. If bearish candlestick closes below 1.3225 critical support level, then up trend is going to end.

USD/CHF
The Trend is bullish in 1 hour chart. Intraday support is present at 0.9672 price level. So, as long as price stays above 0.9672 support level, look for buy trades. If bearish candlestick closes below 0.9672 critical support level, then up trend is going to end.

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