Weekly TF.
There is clear selling pressure from the major weekly supply area at 1.76297-1.67702, as price has smashed through the weekly demand area at 1.66917-1.67939 with little trouble, and is now currently seen trading quite deep within the weekly demand area below at 1.64589-1.66339. Is there any chance higher prices will be seen from this weekly demand...
Weekly TF.
Last week saw the sellers positively close below the weekly demand area at 1.32940-1.34847, and is now being seen testing the weekly demand area at 1.31037-1.32262. We could be seeing higher prices from here this week; however, we have to be prepared for the possibility of a deeper test within the aforementioned weekly demand area first. Let’s take a...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: The next weekly demand area at 1.64589-1.66339 has been hit, price now remains capped between this area and a weekly D/S flip area above at 1.66917-1.67939.
• Daily TF: Price is seen trading quite deep within daily demand at 1.65492-1.66044 and at the time of writing very little buying...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: A break below the weekly demand area at 1.32940-1.34847 recently happened, and at the time of writing price has nearly touched the weekly demand area below at 1.31037-1.32262.
• Daily TF: Price still remains trading between the daily S/R flip level at 1.33559, and the daily demand area...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: price still remains trading between a long-term weekly R/S flip level at 101.206 and a weekly supply area above at 105.432-104.065 with price now seen trading just below the aforementioned weekly supply area.
• Daily TF: As expected, a big push has been seen up to the daily supply area...
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: Price still remains caught trading between the daily demand area 0.92046-0.92354, and a daily...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: The next weekly demand area at 1.64589-1.66339 has been hit, price now remains capped between this area and a weekly D/S flip area above at 1.66917-1.67939.
• Daily TF: A nice-looking daily demand area at 1.65492-1.66044 has recently seen a touch, and at the time of writing, little...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: At the time of writing, a break below the weekly demand area at 1.32940-1.34847 has been seen. The path south, on this timeframe appears clear down to the weekly demand area at 1.31037-1.32262 which may be hit very soon.
• Daily TF: Yet another impressive full-bodied bearish candle has...
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; however, current trading action is taking place nearer the weekly supply area for the time being.
• Daily TF: Price is capped between the...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: Price is still seen dancing around the weekly decision-point level at 0.90927 and has been for three weeks now. A push south could see a touch of weekly demand at 0.85664-0.88124, likewise a push above could see price testing weekly supply at 0.94546-0.93081.
• Daily TF: Price is still...
4hr.
The higher-timeframe picture resembles the following:
• Weekly TF: Upon price closing above the weekly supply area at 1.09592-1.08133, the path north is relatively free to hit the small weekly supply area above at 1.10522-1.09996, however before this happens a decline in value may well be seen all the way back down to weekly demand at 1.05715-1.07008, since...
4hr TF
The higher-timeframe picture resembles the following:
• Weekly TF: A small spike above the weekly decision-point area has been seen at 0.80328-0.79780, this spike above has likely cleared some of the sellers out indicating the path north to around weekly supply above at 0.81397-0.80805 is relatively free.
• Daily TF: A spike (0.80351) above daily supply...
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: Price still remains caught trading between the daily demand area 0.92046-0.92354, and a daily...
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: Price still remains caught trading between the daily demand area 0.92046-0.92354, and a daily...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: The next weekly demand area at 1.64589-1.66339 has been hit, price now remains capped between this area and a weekly D/S flip area above at 1.66917-1.67939.
• Daily TF: A nice-looking daily demand area at 1.65492-1.66044 has recently seen a touch, and at the time of writing, some buying...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: At the time of writing, it appears a break below the weekly demand area at 1.32940-1.34847 will be seen, if so, we can likely expect price is free to hit the weekly demand area at 1.31037-1.32262 which is a beautiful-looking area.
• Daily TF: A decision has been made to break below the...
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; however, current trading action is taking place nearer the weekly supply area for the time being.
• Daily TF: Price is capped between the...
4hr TF.
The higher-timeframe picture resembles the following:
• Weekly TF: Price is still seen dancing around the weekly decision-point level at 0.90927 and has been for three weeks now. A push south could see a touch of weekly demand at 0.85664-0.88124, likewise a push above could see price testing weekly supply at 0.94546-0.93081.
• Daily TF: At the time of...
