4hr TF. The higher-timeframe picture resembles the following: Weekly TF: Price may have already retested the weekly decision-point level at 0.90927, as last week a rather pleasant-looking bullish pin bar formed a few pips above. Does this mean we should expect higher prices this week? Daily TF: In our humble opinion, price appears to be clear north on this...
4hr TF. The higher-timeframe picture resembles the following: 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...
4hr TF. The higher-timeframe picture resembles the following: Weekly TF: Serious selling pressure from the weekly decision-point area at 0.80328-0.79780 has quite possibly opened the door for a challenge of the weekly demand area below at 0.76931-0.78623. Daily TF: Fresh buyers are being seen on the daily timeframe around the 0.78905 level, which in all honesty...
4hr TF. The higher-timeframe picture resembles the following: Weekly TF: Buyers and sellers are now firmly trading around a beautiful-looking weekly supply area at 105.432-104.065. We will definitely begin looking for shorts now, and any long positions will need confirmation as we could see some very serious selling take place either this week or the...
4hr TF. 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 seen battling it out around the upper limits of the medium-term...
4hr TF. The higher-timeframe picture resembles the following: Weekly TF: Current trading action shows the buyers are still showing further interest in taking prices higher. In our opinion, the first area of concern for the buyers on this timeframe should be around the weekly D/S flip area at 1.66917-1.67939. Daily TF: Daily demand at 1.65492-1.66044 has likely...
4hr TF. The higher-timeframe picture resembles the following: Weekly TF: Current trading action is taking place deep within a weekly demand area at 1.31037-1.32262; a close below here could force prices down to weekly demand at 1.26591-1.28010. Daily TF: At the time of writing, buyers and sellers are seen battling it out within a daily demand area at...
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. Daily TF: Buying interest was seen last week off of the daily S/R flip level at 1277.36, if the...
4hr TF. The higher-timeframe picture resembles the following: Weekly TF: Price may have already retested the weekly decision-point level at 0.90927 as last week a rather pleasant bullish pin bar formed a few pips above. Does this mean we should expect higher prices this week? Daily TF: In our humble opinion, price appears to be clear north on this timeframe....
We do not usually cover this pair, but here's a quick heads up of something we've spotted. It seems we may have missed the boat entering long around an impressive daily demand area at 1.75642-1.77005. However, pro money love the best prices, and it's very likely they are watching this area as well, take a look on the hourly chart, and mark up the following area...
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. Last week saw buyers and sellers still trading within the medium-term daily range (0.92046-0.92354/0.93529). In spite of this, A spike/wick above 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 1244.04 with no attempt of a breakout yet to be seen. Daily TF. Buying interest was certainly seen last week off of the daily S/R flip level at 1277.36, if the buyers are intent on taking things higher this week,...
4hr TF. The higher-timeframe picture resembles the following: • Weekly TF: Buyers and sellers are now firmly trading around a beautiful-looking weekly supply area at 105.432-104.065. We will definitely begin looking for shorts now, and any long positions will need confirmation as we could see some very serious selling take place either this week or the...
4hr TF. The higher-timeframe picture resembles the following: • Weekly TF: After a solid close below weekly demand at 1.32940-1.34847, buyers and sellers are now seen battling it out within the weekly demand area below at 1.31037-1.32262. • Daily TF: Price is trading within a fantastic-looking daily demand area at 1.31037-1.31755. We are prepared for lower...
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. • Daily TF: Buying interest from the daily S/R flip level at 1277.36 has recently been seen. If...
4hr TF. The higher-timeframe picture resembles the following: • Weekly TF: A close above the weekly decision-point level at 0.90927 has been seen (keep an eye on a possible retest of this level as support). Any sellers around this area have now very likely been stopped out, and on this timeframe the path north appears to be clear up to around the weekly supply...
4hr TF. The higher-timeframe picture resembles the following: • Weekly TF: A push higher into a small weekly supply area at 1.10522-1.09996 has been seen, and at the time of writing, serious sellers appear to have come into the market. • Daily TF: Price has been sold very heavily straight into a daily S/R flip level at 1.08277, where the buyers are beginning to...
4hr TF. The higher-timeframe picture resembles the following: • Weekly TF: Two weeks ago a spike/wick was seen just above the weekly decision-point area at 0.80328-0.79780, indicating that some of the sellers around this area have been consumed, which also likely means price is now free to hit the weekly supply area above at 0.81397-0.80809. • Daily TF: The...