Weekly Timeframe: The weekly timeframe shows that further buying is currently being seen out of a weekly demand area at 1156.70-1194.45. Assuming this buying activity continues, we can likely expect prices to trade up to at least the weekly support flip level coming in at 1244.08.
Daily Timeframe: The daily timeframe on the other hand shows that price is...
Weekly Timeframe: At the time of writing, price is once again seen trading around a key weekly support flip level coming in at 1.27541. The selling opposition seems to be too strong for the buyers to overcome here. Assuming further selling interest is seen, price may then be forced to test the combined weekly demand/Quasimodo support area at...
Weekly Timeframe: The weekly timeframe shows that further buying is currently being seen out of a weekly demand area at 1156.70-1194.45. Assuming this buying activity continues, we can likely expect prices to trade up to at least the weekly support flip level coming in at 1244.08.
Daily Timeframe: The daily timeframe on the other hand shows that price is...
Weekly Timeframe: The weekly timeframe shows that further selling is currently being seen out of a major weekly supply area at 110.652-108.123. Assuming this selling activity continues, we can likely expect prices to trade down to at least the weekly resistance flip level coming in at 105.432.
Daily Timeframe: It appears with the recent selling interest being...
Weekly Timeframe: Considering price is currently trading around a medium-term weekly high (1.12775), the selling interest is not exactly convincing. In fact, just looking at only the weekly timeframe action, we would be worried if we were sellers at the moment.
Daily Timeframe: The small daily decision-point area coming in at 1.10521-1.10826 is very likely...
Weekly Timeframe: The weekly timeframe shows that serious selling came into the market last week within a weekly demand area at 0.86591-0.88247, which as a result saw the weekly candle close near its lows (0.86513) at 0.86820. We feel this area has been consumed now so follow-through selling could be seen down towards a larger weekly demand area coming in at...
Weekly Timeframe: The weekly timeframe shows that the buyers and sellers are still battling it out within a major weekly demand area coming in at 0.76931-0.78623. As per this timeframe, the buying interest seems to be weak considering its current location.
Daily Timeframe: The reason for the weak buying seen out of the aforementioned weekly demand area can be...
Weekly Timeframe: Last week’s weekly candle shows that selling interest came into the market around the weekly support flip level seen at 1.27541, and as a result this forced the market to close the week out at 1.26262. If follow-through selling is seen this week, price could very well hit a combined weekly demand/Quasimodo support area coming in at...
Weekly Timeframe: Active selling has been seen coming into the market on the weekly timeframe, which could mean the spike seen below the weekly demand area at 0.86591-0.88247 may well have been a continuation move, rather than a fakeout for higher prices. Let’s see what the lower timeframes have to say.
Daily Timeframe: The daily timeframe shows exactly why a...
Weekly Timeframe: This week has been primarily bullish so far; however we are currently seeing active sellers come into the market around the 1.27541 level at the moment. This is not surprising really considering this is a prominent ignored weekly support level.
Daily Timeframe: The selling seen on the weekly timeframe has brought price down to a daily resistance...
Weekly Timeframe: The weekly timeframe shows that the current selling seen out of the weekly supply area at 0.98378-0.95895 has nearly hit the weekly resistance flip level at 0.94546. A close below this level would likely indicate selling strength from the aforementioned weekly supply area, and also likely attract further selling down to another weekly resistance...
Weekly Timeframe: The weekly timeframe shows active buying interest is currently being seen out of a weekly demand area at 1156.70-1194.45. Could this be the right time to be looking for buying opportunities?
Daily Timeframe: Price has now broken into a zone where we believe most of the selling opposition has already been consumed (prominent consumption wicks...
Weekly Timeframe: Not a lot of movement has been seen on the weekly timeframe since the previous analysis, and as such, price remains trading around the Weekly demand swap area coming in at 1.26591-1.28010.
Daily Timeframe: A positive close above the 1.26837 level has recently been seen on the daily timeframe. This move has in our opinion confirmed buying...
Weekly Timeframe: The weekly timeframe shows active buying interest is currently being seen around a weekly demand area at 1156.70-1194.45, is it time to be looking for buying opportunities?
Daily Timeframe: The daily timeframe is currently showing some very nice price action. The sellers around the 1206.49 level have in our opinion been well and truly consumed....
Weekly Timeframe: There is clear buying interest being shown within the weekly demand area at 1.58533-1.60157. Could we be seeing the start of higher prices here?
Daily Timeframe: After looking at the daily chart for some time now, we have come to the conclusion that a deep fakeout of the huge psychological number 1.6 may have happened, hence the current higher...
Weekly Timeframe: Not a lot of movement has been seen on the weekly timeframe, and as a result price remains trading around the Weekly demand swap level coming in at 1.26591-1.28010.
Daily Timeframe: The daily timeframe shows that the buyers and sellers are currently battling it out around the 1.26837 level. A break above this level would not only confirm buying...
Weekly Timeframe: The weekly timeframe shows active buying interest is currently being seen around the weekly demand area at 1156.70-1194.45, is it time to be looking for buying opportunities?
Daily Timeframe: Price has played out exactly as expected on the daily timeframe. A small fakeout was seen just below the daily Quasimodo support level coming in at 1186.83...
Weekly Timeframe: A full-bodied bullish candle formed last week resulting in price trading relatively deep within a weekly supply area seen at 0.98378-0.95895. As per this timeframe, we are naturally expecting lower prices to be seen this week.
Daily Timeframe: At the time of writing, the daily timeframe is showing selling interest coming into the market within a...
