Weekly Timeframe: The weekly supply area seen at 1255.20-1226.18 seems to be proving itself as the sellers are currently seen driving price south. Assuming that the sellers keep up with this enthusiasm, it is likely we may see another test of 1136.30, a weekly decision-point demand level.
Daily Timeframe: The daily timeframe shows that the buyers are struggling...
Weekly Timeframe: Active buying is currently being seen on the DAX from a weekly decision-point demand area at 9126-9467. This is clearly proving to be a troublesome barrier for the sellers to overcome.
Daily Timeframe: The daily timeframe shows that the rebound from the daily demand area at 9126-9233 extended higher yesterday closing for the day at 9651. We...
Weekly Timeframe: The weekly timeframe shows that price is currently standing strong on a major weekly swap level at 115.503. In the event that further buying is seen from here, a test of a weekly Quasimodo resistance level at 122.180 may be seen.
Daily Timeframe: The daily timeframe on the hand reveals that for prices to continue rallying north, selling...
Weekly Timeframe: The USD continues to hammer the AUD deeper into the major weekly demand area seen at 0.80646-0.84601. A break below this area may promote further selling down towards a weekly demand area coming in at 0.76999-0.79740.
Daily Timeframe: The daily timeframe currently shows that price is trading deep within a daily demand area at 0.80809-0.82270...
Weekly Timeframe: Buying interest is currently being seen off an ignored weekly Quasimodo resistance level at 17135.
Daily Timeframe: The daily timeframe shows that no further decline was seen yesterday. We were initially expecting price to trade down towards a fresh daily decision-point demand area at 16895-16997 before a move higher to 17362 was seen. In order...
Weekly Timeframe: The weekly timeframe shows that the market continues to sell off as price is pushed down towards a weekly swap level coming in at 115.503 where active buying is currently being seen.
Daily Timeframe: The daily demand area seen at 117.225-117.873 has now been well and truly consumed, which as a result forced the market south towards the...
Weekly Timeframe: The weekly supply area seen at 1255.20-1226.18 seems to be proving itself as the sellers are currently seen driving price south. Assuming that the sellers keep up with this enthusiasm, it is likely we may see another test of 1136.30, a weekly decision-point demand level.
Daily Timeframe: The previous analysis reported that we believed that the...
Weekly Timeframe: The weekly supply seen at 1255.20-1226.18 seems to be proving itself as the sellers are currently seen driving price south. Assuming that the sellers keep up with this enthusiasm, it is likely we may see another test of 1136.30, a weekly decision-point demand level.
Daily Timeframe: It was mentioned in the previous analysis that after the daily...
Weekly Timeframe: Further buying strength is being seen on the USD/CAD pair, as we watch the bulls claw their way higher into a weekly supply area seen at 1.17225-1.15417 (located within a larger weekly supply area seen at 1.18061-1.14739). It will be interesting to see what the lower timeframes show.
Daily Timeframe: The daily timeframe shows that yesterday was...
Weekly Timeframe: After seven consecutive weeks of relentless buying, the USD/JPY pair finally saw some selling interest last week from just below a weekly Quasimodo resistance level seen at 122.180. This move has consequently forced prices down towards a weekly swap area coming in at 117.931-116.799. This week shows that further selling is being seen at the...
Weekly Timeframe: Last week was clearly a successful one for the buyers with sellers showing little to no interest. The market moved a respectable 247 pips from a nice-looking weekly Quasimodo support area at 1.22403-1.22942, forcing the market to close at 1.24594 just below a minor weekly swap level coming in at 1.24996. Let’s see what the lower timeframes have...
Weekly Timeframe: The rebound from the weekly decision-point demand level seen at 1136.30 extended higher recently, forcing Gold to close (1222.20) a few pips below a weekly supply area coming in at 1255.20-1226.18. It will be interesting to see what the lower timeframes show.
Daily Timeframe: The daily timeframe shows that apart from Monday and Tuesday, the Gold...
Weekly Timeframe: Last week saw the USD strengthen against the CAD consequently forcing the market to close (1.15736) around a weekly supply area coming in at 1.17225-1.15417 (located within a larger weekly supply area seen at 1.18061-1.14739). Let’s see what the lower timeframes have to say about this.
Daily Timeframe: It was reported in Friday’s analysis that...
Weekly Timeframe: The weekly timeframe shows that the USD/CAD pair has increased in value. As a consequence, price is now trading just below a weekly supply area at 1.17225-1.15417 (located within a larger weekly supply area seen at 1.18061-1.14739). Let’s see what the lower timeframes have to say about this.
Daily Timeframe: The daily timeframe indicates that...
Weekly Timeframe: Aggressive selling has been seen on the USD/JPY pair from just below a weekly Quasimodo resistance level at 122.180. This has consequently forced prices down to a weekly swap area coming in at 117.931-116.799, where at the time of writing, buying interest appears to be coming into the market.
Daily Timeframe: The reason for the buying interest...
Weekly Timeframe: The Euro did indeed continue to rally from a weekly Quasimodo support area coming in at 1.22403-1.22942 up to a minor weekly swap level seen at 1.24996. This move consequently allowed sellers to come back into the market.
Daily Timeframe: The daily timeframe shows that sellers entered the market yesterday from within a daily supply area seen at...
Weekly Timeframe: The weekly timeframe shows that Gold is currently being bought against the U.S Dollar, and as a result price is now trading just below a fresh weekly supply area coming in at 1255.20-1226.18.
Daily timeframe: The daily timeframe shows that the recent buying momentum has forced prices above a daily decision-point supply area at 1235.51-1222.37...
Weekly Timeframe: The DOW has been trading beautifully within a nice-looking trending channel for over five years, and shows no signs of slowing down just yet. The recently closed weekly candle informed us that the buyers once again remained in control. However, at this point in time, the current weekly candle is showing rather aggressive selling interest from...
