Daily Elliott Wave Video Analysis — January 13, 2021
The daily Elliott Wave analysis video for January 13, 2021, 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 0.7798 price level. So, as long as price stays below 0.7798 resistance level, look for sell trades. If bullish candlestick closes above 0.7798 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 126.94 price level. So, as long as price stays below 126.94 resistance level, look for sell trades. If bullish candlestick closes above 126.94 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 1.2264 price level. So, as long as price stays below 1.2264 resistance level, look for sell trades. If bullish candlestick closes above 1.2264 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 1.3533 price level. So, as long as price stays above 1.3533 support level, look for buy trades. If bearish candlestick closes below 1.3533 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 103.43 price level. So, as long as price stays above 103.43 support level, look for buy trades. If bearish candlestick closes below 103.43 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 1.2702 price level. So, as long as price stays above 1.2702 support level, look for buy trades. If bearish candlestick closes below 1.2702 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 0.8820 price level. So, as long as price stays above 0.8820 support level, look for buy trades. If bearish candlestick closes below 0.8820 critical support level, then up trend is going to end.
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