Weekly Timeframe: A break below a major weekly (demand) ‘buy zone’ area at 1.26591-1.28010 has recently been seen. Will this encourage further selling down towards the combined weekly demand/Quasimodo support area at 1.22403-1.24420/1.22866?
Daily Timeframe: The daily timeframe shows two ‘buying tails’ have formed just above the 1.25618 level. However, at this...
Weekly Timeframe: At the time of writing, current trading action shows price reacting off of a weekly Quasimodo resistance level at 1.12231. Will follow-through selling be seen here, or will the buyers push prices higher? Only time will tell!
Daily Timeframe: The bearish reaction currently being seen at the weekly Quasimodo resistance level (level above) is not...
Weekly Timeframe: The weekly timeframe shows price is currently trading between a weekly support flip level at 1244.08, and a weekly demand area seen below at 1156.70-1194.45, with no attempt to break out seen just yet.
Daily Timeframe: Some development has finally been seen on Gold! A positive daily close below the 1211.67 level has been seen. This could...
Weekly Timeframe: The weekly timeframe shows price is currently pushing deeper into the weekly supply area seen at 110.652-108.123. Assuming selling interest comes into the market here, we can likely expect price to test the 105.432 area (Resistance swap level) sometime in the near the future, since the path south appears to be clear of any obstacles (demand) on...
Weekly Timeframe: Things may be looking up for the buyers on this pair! A nice-looking buying tail is currently forming within weekly demand at 0.86591-0.88247. It will be interesting to see what the lower timeframes have to say about this.
Daily Timeframe: The daily timeframe however is not so positive. The present buying seen on the weekly timeframe has pushed...
Weekly Timeframe: The weekly timeframe shows that price is currently trading around a weekly supply area seen at 0.98378-0.95895. Could this area be enough to break down the current buying onslaught that has been seen over the past several weeks?
Daily Timeframe: The buyer’s energy is clearly shown on the daily timeframe, and for the time being are certainly not...
Weekly Timeframe: At the time of writing, the 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 this resistance level could potentially see prices trading up to a weekly supply area seen at 1.17225-1.15417, and conversely, a break below the decision-point...
Weekly Timeframe: The weekly timeframe shows price is currently trading between a weekly support flip level at 1244.08, and a weekly demand area seen below at 1156.70-1194.45, with no attempt to break out seen just yet.
Daily Timeframe: The daily timeframe also shows price is currently trading between a daily decision-point supply area at 1241.95-1235.34, and a...
Weekly Timeframe: Weakness is currently being seen within weekly supply seen at 110.652-108.123 at the moment. Assuming selling interest comes into the market here, we can likely expect price to test the 105.432 area (Resistance swap level) sometime in the near the future.
Daily Timeframe: The daily timeframe shows the market has clearly found support around the...
Weekly Timeframe: At the time of writing, price is trading very deep within a weekly (demand) ‘buy zone’ at 1.26591-1.28010 with very little buying interest being seen at the moment. A close below here would likely attract further selling down towards a combined weekly demand/Quasimodo support area at 1.22403-1.24420/1.22866.
Daily Timeframe: The daily timeframe...
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...
