4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: Over the past few weeks, serious selling has been seen from the weekly supply area at 1.76297-1.67702, which consequently saw price closing below a weekly demand area last week at 1.66917-1.67935. The path south is now likely free to trade lower down to around weekly demand at...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: At the time of writing the sellers seem to be pushing deep within weekly demand at 1.32940-1.34847, this happened exactly the same way last week and the week before that, we thought a break below was going to happen, all of a sudden a bullish pin bar formed.
• Daily TF: Buyers and...
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 weekly decision-point level below at 1244.04; however, current trading action is taking place nearer the weekly supply area for the time being.
• Daily TF: Price is capped between the...
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...
