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: Selling pressure is still being seen from weekly supply at 1.76297-1.67702. The weekly demand area at 1.66917-1.67939 is where current trading is taking place; a push below here could force prices to test the weekly demand area below at 1.64589-1.66339.
• Daily TF: Current trading action...
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 is two miniature bearish pin bars so far.
• Daily TF: Price action is currently confined within a range (Daily...
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.
• Daily TF: Buyers and sellers on this timeframe have been having a mini tug of war around daily supply at 1.09592-1.09156....
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: Current trading action is taking place around a weekly decision-point 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: Price is currently seen trading around a daily S/R flip level...
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 1244.08. Last week saw some buying pressure from around the weekly low at 1280.06 consequently pushing price back up to around the weekly supply area. Could this week see a push higher into this weekly supply...
Weekly TF.
Yet another pin bar has formed around the weekly decision-point level at 0.90927, can this mean we are going to drop like a rock this week? Let’s take a look at the lower timeframes to see if we can gather any more information.
Daily TF.
With the weekly timeframe forming a bearish pin bar, the daily timeframe in our opinion shows no evidence price...
Weekly TF.
A big close above the monster weekly supply area was seen last week at 1.09592-1.08133, effectively clearing the path north towards weekly supply at 1.10522-1.09996 which could very well be hit sometime this week.
Daily TF.
For most of last week, buyers and sellers on this timeframe have been having a mini tug of war around daily supply at...
Weekly TF.
Some serious buying pressure was seen last week, as price is now seen trading deeper within weekly supply at 0.80328-0.79780. One can only imagine the amount of buying pressure sitting around the weekly demand area below at 0.79631-0.78623, since price has not even touched this area yet, and higher prices are being seen! If a close above the...
Weekly TF.
Last week was clearly a bearish one since price action seems to have seen a sell off back down to the long-term weekly R/S flip level at 101.206. If a break below this level happens, it is expected that a drop to the downside could be seen towards weekly demand at 96.554-98.585, but for the time being, price remains capped between the aforementioned...
Weekly TF.
Price is still seen in a consolidation with the upper limits at 0.94600 and the lower around the 0.92046 area. Last week saw more selling with prices nearly touching the lower limits, could we see a close below this week? Things would get interesting then, as this could likely force a push down to around the 0.89134 weekly support level.
Daily TF.
A...
Weekly TF.
It is not looking good currently for the buyers, as serious selling pressure is being seen from weekly supply at 1.76297-1.67702. The weekly demand area at 1.66917-1.67939 is appearing quite fragile at the moment, as the selling onslaught is showing very little signs of weakening just yet. A break below here could force prices to test the weekly demand...
Weekly TF.
Price appears to have formed yet another bullish pin-bar pattern within weekly demand at 1.32940-1.34847 last week, only this time bigger, and more prominent that the previous week’s pin bar. This is quite surprising to see as most of last week saw selling into the aforementioned weekly demand area; we were even expecting a break below. As per this...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly timeframe: Price is still seen in a consolidation with the upper limits at 0.94600 and the lower around the 0.92046 area. Last week saw the sellers becoming quite aggressive if we compare to the last three weekly candles. More selling is currently being seen, a touch of the lower limit area...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly timeframe: Price is currently trading within weekly demand at 1.32940-1.34847, and at the time of writing, the sellers seem to be overcoming any buying pressure in the market, could we see a break below this weekly demand area sometime soon?
• Daily timeframe: The daily level of interest seen...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly timeframe: Price still remains capped between weekly supply at 1391.97-1328.04 and a nice-looking weekly decision-point level below at 1244.08. A little buying pressure is now being seen from around the weekly low 1280.06.
• Daily timeframe: Price once again could not make it down to the...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly timeframe: Price is currently seen trading around the weekly decision-point level at 0.90927, could we possibly see lower prices from here?
• Daily timeframe: Buyers and sellers are seen trading between daily supply at 0.91556-0.90985 and a daily S/D flip area below at 0.90372-0.90042 with...
