The higher-timeframe picture resembles the following:
• Weekly timeframe: Selling pressure has begun to weaken out of weekly supply at 1391.97-1328.04 with two relatively long tails being seen indicating buying interest. Price is currently capped between the aforementioned weekly supply area and a nice-looking weekly decision-point level below at...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly timeframe: a strong push up to weekly supply at 1.09592-1.08133 was seen. Price still remains capped between the aforementioned weekly supply area and weekly demand below at 1.05715-1.07008. If we see a break of the weekly supply area, things will start to get very interesting as we believe...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly timeframe: Current price action is seen trading just above weekly demand at 0.79631-0.78623. As we see it, price still has room to drop further into the aforementioned weekly demand area due to there being likely consumed demand area to the far left.
• Daily timeframe: A break south has been...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly timeframe: A long-term weekly R/S flip level at 101.206 has been providing support to the market now since the 3rd of February 2014, so this is definitely a level worth watching.
• Daily timeframe: Current trading action is taking place just below a daily supply area at 101.962-102.257, if...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly timeframe: The weekly timeframe is still depicting consolidating price action with the upper limits being seen at 0.94600 and the lower at 0.92046. Price is seen trading predominantly around the aforementioned upper limits at the moment.
• Daily timeframe: Buyers and sellers have been...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly timeframe: The sellers have begun to show some serious interest within weekly supply at 1.76297-1.67702, could we see a touch of weekly demand below at 1.66917-1.67939 in the next few weeks?
• Daily timeframe: Price is currently seen trading around a daily S/R flip level at 1.69712; no...
Weekly TF.
Selling pressure has begun to weaken out of weekly supply at 1391.97-1328.04 with two tails being seen indicating buying interest. Price is currently capped between the aforementioned weekly supply area and a nice-looking weekly decision-point level below at 1244.08.
Daily TF.
The ignored decision-point level at 1292.52 has provided the buyers a...
Weekly TF.
The buyers pushed price quite hard last week, and broke the mundane range that has formed above weekly demand at 0.85664-0.88124. If the buying pressure continues this week, we will very likely see price hit an important weekly decision-point level at 0.90927.
Daily TF.
A break above a daily supply area has been seen at 0.90372-0.90042, this is where...
Weekly TF.
The buyers really worked hard last week, a strong push up to weekly supply at 1.09592-1.08133 was seen. Price still remains capped between the aforementioned weekly supply area and weekly demand below at 1.05715-1.07008. If we see a break of the weekly supply area, things will start to get very interesting as we believe as the profit potential to the...
Weekly TF.
We are literally only a few pips away from hitting weekly demand at 0.79631-0.78623. Last week we saw price form an indecision candle with both buyers and sellers applying equal pressure. As per this timeframe, we still see lower prices deeper into the aforementioned weekly demand area; however the lower timeframes may print a different story.
Daily...
Weekly TF.
The sellers have begun to show some serious interest within weekly supply at 1.76297-1.67702, if this selling continues this week, we could very well be seeing price hit weekly demand below at 1.66917-1.67939.
Daily TF.
Last week, price closed at 1.69705 which is around a daily S/R flip level at 1.69712. If a bullish reaction is seen there, a move up...
Weekly TF.
The weekly timeframe shows the sellers were undoubtedly in control for most last week. A hard full-bodied bearish candle was seen plummeting into the weekly demand area at 1.32940-1.34847. On this timeframe we could certainly see more selling before any buyers begin to show interest. We will be watching watching the 1.33660 level very carefully this...
4hr TF.
The higher-timeframe picture resembles the following:
• The weekly timeframe shows the sellers are beginning to show some interest around a (not-so-great) weekly supply area at 1391.97-1328.04. Price is currently capped between the aforementioned weekly supply area and a nice-looking weekly decision-point level at 1244.08.
• Buyers and sellers on the...
4hr TF.
The higher-timeframe picture resembles the following:
• Price is frustratingly consolidating above weekly demand at 0.85664-0.88124, and has been for several weeks now!
• Heavy buying into daily supply at 0.90372-0.90042 has been seen with the sellers beginning to show a little interest now. If we see a break above this area, a likely push up to...
4hr TF.
The higher-timeframe picture resembles the following:
• The weekly chart shows the sellers have nearly reached the weekly demand area at 0.76931-0.78623. Any short orders currently in the market should now be carefully monitored.
• A break south has been seen below daily demand at 0.78862-0.79206, price should be relatively free now to hit the next...
4hr TF.
The higher-timeframe picture resembles the following:
• The weekly chart shows buying pressure is being seen from the long-term weekly support at 101.206, a positive close below this level has yet to be seen.
• Buyers and sellers have been seen trading within a medium-term range now for about two months (Resistance: 102.713 Demand: 100.747-100.967) now....
4hr TF.
The higher-timeframe picture resembles the following:
• Sellers are showing much more interest within weekly supply at 1.76297-1.67702, could a move down to the weekly demand area at 1.66917-1.67939 be in order?
• A break below the minor daily S/R flip level at 1.70597 has been seen. Sellers appear to be pushing south at the moment with the next trouble...
4hr TF.
The higher-timeframe picture resembles the following:
• The sellers at this point in time seem to have broken the weekly demand area at 1.34760-1.36314, as a result, price has dropped into the next weekly demand area directly below at 1.32940-1.34847 (Stacked demand).
• The daily timeframe shows that the sellers have pushed below the daily demand area...
