Weekly TF: At the time of writing, price is trading just above a weekly decision-point level at 1244.08. In our humble opinion, it may be time to be locking in profits on any shorts one has currently open, and thinking about looking for buying opportunities.
Daily TF: On the daily timeframe price is seen entering within a daily demand area at 1238.41-1254.85....
Weekly TF: Follow-through buying is currently being seen on the USD/JPY after price broke above the weekly supply area at 105.432-104.065. From here, we see very little on this timeframe stopping price from hitting the heavy-weight weekly supply area at 110.652-108.123.
Daily TF: The buying seen on this pair is pushing prices deeper within a daily supply area at...
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, with no signs of a break happening just yet.
Daily TF: A push back into the medium-term daily range (0.92046-0.92354/0.93529) has been seen off of a small daily decision-point area at 0.94044.
4hr TF: The market...
Weekly TF: The EUR/USD sold off sharply last week breaking below the weekly demand area at 1.31037-1.32262. This move potentially cleared the way down to a prominent weekly ‘buy zone’ seen at 1.26591-1.28010.
Daily TF: At the time of writing, trading action remains confined between a nice-looking daily decision-point area at 1.31589-1.31091, and a daily demand...
Weekly TF: Price is now currently trading around a strong-looking weekly supply area at 0.94546-0.93081. If sellers enter the market here, we can likely expect active buyers to be situated around the weekly R/S flip level support at 0.90927.
Daily TF: Ranging action is currently being seen on the daily timeframe between the 0.93346/0.92840 area (Friday’s...
Weekly TF: Prices are seen stalling after hitting an awesome-looking weekly supply area at 1.10522-1.09996. Considering just the weekly timeframe for the moment, we still believe lower prices could be seen, since there’s very little stopping the sellers from challenging the weekly demand area below at 1.05715-1.07008.
Daily TF: The daily timeframe shows the...
Weekly TF: The Euro initially gapped higher at the open (0.80099) allowing price to once again trade around the upper limits of the weekly decision-point area at 0.80328-0.79780. This move has potentially confirmed higher prices may be seen up to weekly supply coming in at 0.81571-0.80805.
Daily TF: The gap in price appears to have well and truly consumed the...
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 1244.08. At the time of writing, price is currently edging ever so closer to the1244.08 area, so long positions may be a good bet at the moment.
Daily TF.
Last week on Friday we saw price break below the daily...
Weekly TF.
The weekly timeframe shows the buyers were in full swing last week, as a strong push up to the weekly supply area at 0.94546-0.93081 was seen. Will the sellers make an appearance this week and bring prices south? Only time will tell!
Daily TF.
A huge push was seen north on Thursday due to a few high-impacting news events, this push brought prices...
Weekly TF.
The weekly timeframe shows the buyers were in full swing last week, as a strong push up to the weekly supply area at 0.94546-0.93081 was seen. Will the sellers make an appearance this week and bring prices south? Only time will tell!
Daily TF.
A huge push was seen north on Thursday due to a few high-impacting news events, this push brought prices...
Weekly TF.
Prices are stalling after hitting the awesome-looking weekly supply area at 1.10522-1.09996. Considering just the weekly timeframe for the moment, we still believe lower prices could be seen, since there’s very little stopping the sellers from challenging the weekly demand area below at 1.05715-1.07008.
Daily TF.
Last week saw buyers and sellers...
Weekly TF.
A break above the weekly supply area at 105.432-104.065 was seen last week, potentially clearing the path north up to weekly supply at 110.652-108.123. However, before we all start putting in our buy orders, a decline in value may be seen back down to the weekly R/S flip level support at 101.206, since pro money may not have the required liquidity to...
Weekly TF:
The EUR/USD fell the best part of last week closing near the weekly lows at 1.29498. Price broke the weekly demand area at 1.31037-1.32262 potentially clearing the way down to a prominent weekly ‘buy zone’ at 1.26591-1.28010.
Daily TF.
The daily timeframe shows price dropped like a rock on Thursday, creating a beautiful daily decision-point area...
Weekly TF.
A decline in value was also seen on the pound, this should come as no big surprise since the EUR/USD and GBP/USD tend to move in tandem. The weekly close came in at 1.63231, a few pips above a nice-looking weekly R/S flip level support at 1.62591. Looking at the history of this level, a bounce higher at the very least should be seen sometime this...
Weekly TF:
The EUR/USD fell the best part of last week closing near the weekly lows at 1.29498. Price broke the weekly demand area at 1.31037-1.32262 potentially clearing the way down to a prominent weekly ‘buy zone’ at 1.26591-1.28010.
Daily TF.
The daily timeframe shows price dropped like a rock on Thursday, creating a beautiful daily decision-point area...
The higher-timeframe picture resembles the following:
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, with no signs of a break happening just yet.
Daily TF: Buyers and sellers are currently trading within a medium-term range (0.92046-0.92354/0.93529). At the time...
4hr TF.
The higher-timeframe picture resembles the following:
Weekly TF: The break seen below the weekly demand area at 1.31037-1.32262 likely signals a continuation move down to the weekly demand area at 1.26591-1.28010.
Daily TF: A solid daily close has been seen below the daily demand area 1.31037-1.31755, this could very likely force price to test the daily...
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 with no attempt of a breakout yet to be seen. Price is currently edging ever so closer to the lower limits of the 1244.08 area, so long...
