Weekly Timeframe: Last week saw the EUR/GBP pair close relatively deep within a weekly demand area (0.76931-0.78623) at 0.78055, as the sellers relentless assault continued. Could we see buying interest come into the market here, or is this area doomed to receive even more punishment this week, and possibly the next?
Daily Timeframe: The daily timeframe shows a...
Weekly Timeframe: Over the past three weeks the Aussie Dollar looks as though it has just been pushed off of a cliff! The southbound move that was seen last week saw the weekly candle closing a few pips off its lows (0.87648), within an obvious-looking weekly demand area at 0.86591-0.88247, and as a result, buying interest should really be expected to come into...
Weekly Timeframe: The Euro continued to lose value against the U.S Dollar last week, with weekly candle seen closing (1.26798) a few pips off its lows deep within a weekly (demand) ‘buy zone’ at 1.26591-1.28010. Assuming buying interest comes into the market here, the buyers will likely have to cross swords with active sellers from around a near-term weekly...
Weekly Timeframe: At the time of writing, buyers and sellers are seen trading between a weekly decision-point support level at 1.08774, and a weekly Quasimodo resistance level at 1.12231. A break above here could potentially see prices trading up to at least the weekly supply area seen at 1.17225-1.15417; conversely, a break below the weekly decision-point support...
Weekly Timeframe: Price closed below the weekly decision-point level (1244.08) on the 08/09/14, with price seen retesting it as an area of resistance a week later. Could this be all the sellers need to push prices down to weekly demand at 1156.70-1194.45?
Daily Timeframe: .At the time of writing current trading action is capped between a daily decision-point area...
Weekly Timeframe: Price is currently seen trading relatively deep within a weekly supply area at 110.652-108.123. We will now be primarily looking for selling opportunities. However, in the event a buy trade presents itself, extreme caution will be taken regarding trade management, and risk.
Daily Timeframe: Keeping in mind the weekly timeframe shows price is...
Weekly Timeframe: The recent cascading momentum seen over the past two weeks has brought price down to a weekly Quasimodo support area (0.88189/0.88564), where at the time of writing, a small reaction is being seen. A break below here however, would likely attract further selling down to a weekly demand area seen directly below at 0.86591-0.88247.
Daily...
Weekly Timeframe: Price closed below the weekly decision-point level (1244.08) on the 08/09/14, with price seen retesting it as an area of resistance a week later. Could this be all the sellers need to push prices down to weekly demand at 1156.70-1194.45?
Daily Timeframe: It was reported in the previous analysis that we should expect the possibility of buying...
Weekly Timeframe: The recent momentum seen over the past two weeks has brought price down to a weekly Quasimodo support level at 0.88189, which should produce a bounce at the very least, since weekly demand is sitting directly below at 0.86591-0.88247.
Daily Timeframe: The daily timeframe however is telling a different story. Monday’s trading sessions saw a...
4hr Timeframe: A potential shorting opportunity may be setting up on the Swissy pair. The low 0.93787 marked with a blue arrow has been consumed, potentially clearing the way down to the 0.93344 level.
If price hits the 0.93344 level before filling our pending sell order set at 0.93931, then the trade is cancelled, since this will very likely be our take-profit...
Weekly Timeframe: Price closed below the weekly decision-point level at 1244.08 on the 08/09/14, with price seen retesting it as an area of resistance. Could this be all the sellers need to push prices down to weekly demand at 1156.70-1194.45?
Daily Timeframe: The daily timeframe shows that before the sellers can reach weekly demand at 1156.70-1194.45, they have...
Weekly Timeframe: The recent momentum seen over the past two weeks has brought price down to a weekly Quasimodo support level at 0.88189, which should produce a bounce at the very least, since weekly demand is sitting directly below at 0.86591-0.88247.
Daily Timeframe: The daily timeframe however is telling a different story. Monday’s trading sessions saw a...
Weekly Timeframe: A beautiful to-the-pip touch was seen at a weekly decision-point supply area at 1.66429-1.65340 last week, which brought prices back down to a weekly resistance flip level seen at 1.62591. This week, we will be watching for lower-timeframe bullish price action around this level. However, if this level gives way, it would likely encourage...
Weekly Timeframe: The Euro continued its relentless march south last week, and as a result saw prices closing just above a very obvious weekly ‘buy zone’ (1.26591-1.28010) at 1.28234. This zone remains an important one to us, since it has provided support to the market on three previous occasions, the first, on 25/03/13 (1.27497), the second seen on 13/05/13...
Weekly Timeframe: At the time of writing, the weekly timeframe shows price is trading deep within weekly supply at 0.94546-0.93081. Should this pair see a sell off, we can likely expect active buyers to come into the market around a notable weekly resistance flip level at 0.90927.
Daily Timeframe: The recent push deeper into daily supply at 0.94546-0.93702 only...
Weekly Timeframe: It seems after price consumed the weekly supply area at 1.10522-1.09996, the pair sold off sharply, down to just above a weekly decision-point level at 1.08774, can we be expecting higher prices up to the weekly Quasimodo resistance level at 1.11252 from here?
Daily Timeframe: The daily timeframe has been showing very bullish price action over...
Weekly Timeframe: The EUR/GBP pair is now trading around serious weekly demand at 0.76931-0.78623 thanks to a 200 pip decline in value seen last week; this was likely fueled by the recent events surrounding Scotland. Overall, our bias for this pair is very much long, with the expectation of prices eventually trading back up to at least the weekly supply area at...
Weekly Timeframe: There is clearly not much interest in selling the pound at the moment, since price has literally ignored the weekly resistance flip level at 1.62591, and now appears to be trading towards a weekly decision-point area at 1.66429-1.65340.
Daily timeframe: The daily timeframe shows price is currently trading around a daily demand flip area at...
