4hr TF.
The higher picture resembles the following:
• Buyers are still seen deep within weekly supply territory at 1.76297-1.67702, with a little interest being shown by the sellers at the moment.
• The daily timeframe still shows price is currently trading in no man’s land between daily supply above at 1.76297-1.73024 and daily S/R flip level seen below at...
Daily TF.
A nice bit of bearish action is being seen on the daily timeframe, as price is pushed further south likely heading towards daily demand at 1.34760-1.35265. A reaction may well be seen here, but a break below could also happen due to this area seeing multiple touches already which likely weakened demand (little buy orders seen).
4hr TF.
The sellers...
Daily TF.
Wow, would you look at that bearish price action. The last analysis reported the following which we believe still holds very true: Price is more or less free to hit the daily supply area above at 1391.97-1366.80, but we must remember price will rarely just shoot straight there no matter how much we want It to! A bearish retracement will likely follow...
4hr TF.
The higher picture resembles the following:
• The weekly timeframe is showing price consolidating just above weekly demand at 0.85664-0.88124.
• Daily supply at 0.90372-0.90042 has seen a lot of action over the past few weeks with no break north seen yet. Price is currently capped between the daily supply level just mentioned, and the daily S/R flip...
4hr TF.
The higher picture resembles the following:
• Price is currently seen trading out of weekly demand at 1.05715-1.07008.
• Much like the weekly timeframe above, the daily timeframe shows price is currently trading out of daily demand at 1.05874-1.06680 into a daily decision-point area at 1.07508-1.07293.
A decline in value has been seen towards the round...
Daily TF.
We have moved the minor S/R flip level up to where price reacted at 0.79751 showing price is now capped between the aforementioned minor S/R flip level and daily demand below at 0.78862-0.79206.
4hr TF.
A push above the 4hr S/R flip level at 0.79679 was seen which no doubt stopped lots of traders out both attempting to fade the level and also breakout...
4hr TF.
The higher picture resembles the following:
• The weekly timeframe shows price is trading around a long-term S/R flip level support at 101.206 with a positive close below yet to be seen.
• Buyers and sellers on the daily timeframe are currently trading within a range with resistance being seen above at 102.713 and daily demand seen below at...
4hr TF.
The higher picture resembles the following:
• The weekly timeframe shows price is consolidating at the moment (0.94600/0.92046) with a break out yet to be seen.
• Buyers and sellers are currently seen trading in between daily supply at 0.95425-0.94852 and an important daily low below at 0.93208.
The sellers have indeed dropped price relatively hard as...
4hr TF.
The higher picture resembles the following:
• Buyers are still seen deep within weekly supply territory at 1.76297-1.67702, with a little interest being shown by the sellers at the moment.
• The daily timeframe still shows price is currently trading in no man’s land between daily supply above at 1.76297-1.73024 and daily S/R flip level seen below at...
4hr TF.
The higher picture resembles the following:
• Buyers and sellers still remain trading within weekly demand at 1.34760-1.36314.
• Trading remains capped between daily supply at 1.37297-1.36879 and daily demand below at 1.34760-1.35265.
Would you look at that! Price came within a few pips of our pending sell order set at 1.36416 and then dropped like a...
4hr TF.
The higher picture resembles the following:
• The weekly timeframe is showing price consolidating just above weekly demand at 0.85664-0.88124
• Daily supply at 0.90372-0.90042 has seen a lot of action over the past few weeks with no break north seen yet.
Price is currently capped between the daily supply level just mentioned, and the daily S/R flip...
4hr TF.
The higher picture resembles the following:
• Price is currently seen trading out of weekly demand at 1.05715-1.07008.
• Much like the weekly timeframe above, the daily timeframe shows price is currently trading out of daily demand at 1.05874-1.06680 into a daily decision-point area at 1.07508-1.07293.
Price is currently reacting beautifully off of a...
Daily TF.
The buyers, at the time of writing really seem to be pushing hard into this minor S/R flip level at 0.79581 with little to no interest being seen by the sellers.
4hr TF.
The market opened at 0.79393 with the buyers wasting no time in pushing price back up to the 4hr S/R flip level at 0.79679 where a small bearish reaction is currently being seen.
We...
4hr TF.
The higher picture resembles the following:
• The weekly timeframe shows price is trading around a long-term S/R flip level support at 101.206 with a positive close below yet to be seen.
• Buyers and sellers on the daily timeframe are currently trading within a range with resistance being seen above at 102.713 and daily demand seen below at...
Daily TF.
The daily timeframe still remains capped between the low 0.93208 and daily supply above at 0.95425-0.94852 with a break of either side yet to be seen. Once a positive break does happen, we will likely have more information regarding possible future direction.
4hr TF.
The market opened at 0.93758 with the buyers seen taking full control pushing price...
4hr TF.
The higher picture resembles the following:
• Buyers are still seen deep within weekly supply territory at 1.76297-1.67702, with a little interest being shown by the sellers at the moment.
• The daily timeframe still shows price is currently trading in no man’s land between daily supply above at 1.76297-1.73024 and daily S/R flip level seen below at...
4hr TF.
The higher picture resembles the following:
• Buyers and sellers still remain trading within weekly demand at 1.34760-1.36314.
• Trading remains capped between daily supply at 1.37297-1.36879 and daily demand below at 1.34760-1.35265.
Price opened lower at 1.35965 with the buyers seen taking complete control, with very little seen stopping them until...
Weekly TF.
The weekly timeframe shows the buyers were in control for most of the week as price once again made a new weekly high at 1344.91.
Daily TF.
It is very clear that price is continuing higher as the daily supply area at 1318.12-1331.08 has been well and truly consumed now. Price is more or less free to hit the daily supply area above at...
