4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: Price is still seen dancing around the weekly decision-point level at 0.90927 and has been for three weeks now. A push south could see a touch of weekly demand at 0.85664-0.88124, likewise a push above could see price testing weekly supply at 0.94546-0.93081.
• Daily TF: At the time of...
4hr TF
The higher-timeframe picture resembles the following:
• Weekly TF: A small spike above the weekly decision-point area has been seen at 0.80328-0.79780, this spike above has likely cleared some of the sellers out indicating the path north to around weekly supply above at 0.81397-0.80805 is relatively free.
• Daily TF: A spike (0.80351) above daily supply...
Weekly TF.
It is a beautiful site within weekly demand at 1.32940-1.34847, three weekly pin bars in a row have been seen which most traders associate with bullish activity, and sometimes rightly so! However a question we need answering is are these tails/spikes consumption or indeed rejection? Let’s take a look at the lower timeframes for a closer...
Weekly TF.
Upon price closing above the weekly supply area at 1.09592-1.08133, price was relatively free to hit the small weekly supply area at 1.10522-1.09996, however before this happens a decline in value may well be seen all the way back down to weekly demand at 1.05715-1.07008, since pro money may need more liquidity for a further push up.
Daily TF.
What...
Weekly TF.
Price is still frustratingly trading within a weekly consolidation area with the upper limits seen at 0.94600, and the lower at 0.92046. The week before last, the sellers were still pushing south, however, last week put an end to that, as the buyers bit back, and pushed price back into the range closing the market for the week at 0.93155.
Daily...
4hr TF
The higher-timeframe picture resembles the following:
• Weekly TF: Price is still seen in a consolidation with the upper limits at 0.94600 and the lower around the 0.92046 area. The sellers have recently pushed price south, as a result price is now trading around the aforementioned lower limits, could we see a close below? Things would get interesting...
4hr TF
The higher-timeframe picture resembles the following:
• Weekly TF: A break below the weekly demand area at 1.66917-1.67939 has been seen, clearly there is very strong selling pressure coming out of the weekly supply area at 1.76297-1.67702! Prices could now very well be forced to test the weekly demand area below at 1.64589-1.66339.
• Daily TF: A...
4hr TF
The higher-timeframe picture resembles the following:
• Weekly TF: Price still remains relatively deep within weekly demand at 1.32940-1.34847, and at the time of writing there appears to be little interest seen from the buyers. A break below this area could force prices to test the weekly demand area at 1.31037-1.32262.
• Daily TF: Buyers and sellers...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: Price still remains trading between the weekly supply area above at 1391.97-1328.04 and a nice-looking daily decision-point level below at 1244.04; however, trading action is currently taking place nearer the weekly supply area for the time being.
• Daily TF: The rebound from the daily...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: Price still remains trading around the weekly decision-point level at 0.90927, and at the time of writing, no attempt to break above has been seen, instead, a little selling interest is now being seen.
• Daily TF: Price action is currently confined within a range (Daily supply:...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: A big close above the monster weekly supply area at 1.09592-1.08133 has recently been seen, likely clearing the path north towards weekly supply at 1.10522-1.09996. However at the moment, we are seeing some nice selling pressure back into the aforementioned weekly supply area, we see very...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: A push higher into the weekly decision-point area at 0.80328-0.79780 has been seen, with the sellers showing very little interest at the moment. A close above here would likely clear the path north to around a weekly supply area at 0.81397-0.80805.
• Daily TF: The spike down (0.79165) to...
4hr TF
The higher-timeframe picture resembles the following:
• Weekly TF: Price is still seen in a consolidation with the upper limits at 0.94600 and the lower around the 0.92046 area. The sellers have recently pushed price south, as a result price is now trading around the aforementioned lower limits, could we see a close below this week? Things would get...
4hr TF
The higher-timeframe picture resembles the following:
• Weekly TF: A break below the weekly demand area at 1.66917-1.67939 has just been seen, clearly there is very strong selling pressure coming out of the weekly supply area at 1.76297-1.67702! Prices could now very well be forced to test the weekly demand area below at 1.64589-1.66339.
• Daily TF: A...
4hr TF
The higher-timeframe picture resembles the following:
• Weekly TF: Price still remains relatively deep within weekly demand at 1.32940-1.34847, and at the time of writing there appears to be little interest seen from the buyers. A break below this area could force prices to test the weekly demand area at 1.31037-1.32262.
• Daily TF: Buyers and sellers...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: Price still remains trading around the weekly decision-point level at 0.90927, and at the time of writing, no attempt to break above has been seen, instead all that has formed over the past two weeks is two miniature bearish pin bars so far.
• Daily TF: Price action is currently confined...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: Current trading action is taking place around a weekly decision-point supply area at 0.80328-0.79780; a break above here could very well indicate buying strength from around the weekly demand area below at 0.79631-0.78623.
• Daily TF: A beautiful to- the-pip reaction has been seen around...
4hr TF
The higher-timeframe picture resembles the following:
• Weekly TF: Current trading action is taking place just above a weekly R/S flip level at 101.206, if buying is seen here; the first trouble area we see is around the weekly supply area above at 105.432-104.065.
• Daily TF: The three spikes seen above the daily resistance level at 102.713 possibly...
