Daily Elliott Wave Video Analysis — February 15, 2021
The daily Elliott Wave analysis video for February 15, 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 bullish in 1 hour chart. Intraday support is present at 0.7717 price level. So, as long as price stays above 0.7717 support level, look for buy trades. If bearish candlestick closes below 0.7717 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 126.42 price level. So, as long as price stays above 126.42 support level, look for buy trades. If bearish candlestick closes below 126.42 critical support level, then up trend is going to end.
EUR/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.2080 price level. So, as long as price stays above 1.2080 support level, look for buy trades. If bearish candlestick closes below 1.2080 critical support level, then up trend is going to end.
GBP/USD
The Trend is bullish in 1 hour chart. Intraday support is present at 1.3774 price level. So, as long as price stays above 1.3774 support level, look for buy trades. If bearish candlestick closes below 1.3774 critical support level, then up trend is going to end.
USD/JPY
The Trend is bearish in 1 hour chart. Intraday resistance is present at 105.76 price level. So, as long as price stays below 105.76 resistance level, look for sell trades. If bullish candlestick closes above 105.76 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 1.2827 price level. So, as long as price stays below 1.2827 resistance level, look for sell trades. If bullish candlestick closes above 1.2827 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 0.9018 price level. So, as long as price stays below 0.9018 resistance level, look for sell trades. If bullish candlestick closes above 0.9018 critical resistance level, then down trend is going to end.
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