Weekly Timeframe: The weekly timeframe shows that Gold has pushed above the weekly supply area at 1255.2-1226.1, and traded directly into an oncoming supply area seen at 1296.3-1269.3.
Daily Timeframe: Yesterday was clearly a day for the buyers as prices were rocketed north deep into a daily supply area seen at 1296.3-1289.2 (seen deep within the aforementioned...
Weekly Timeframe: The weekly timeframe shows that Gold has pushed above the weekly supply area at 1255.2-1226.1, and traded directly into another weekly supply area coming in at 1296.3-1269.3.
Daily Timeframe: Recent trading action on the daily timeframe shows that price engulfed a daily supply area at 1277.1-1261.6, which as a result likely cleared the path...
Weekly Timeframe: Last week saw the USD/CAD pair close above a major weekly swap level coming in at 1.1870. As a result, price advanced to a fresh high of 1.2045, and has at the same time likely opened the gates to much higher prices in the future.
Daily Timeframe: The daily timeframe however shows that in order for further buying to take place, a daily swap...
Weekly Timeframe: The USD/JPY pair shows that buying interest is being seen from just above a major weekly swap level coming in at 115.50.
Daily Timeframe: The recent buying momentum seen from daily demand coming in at 115.55-116.38 (seen just above the aforementioned major weekly swap level) has managed to break above a minor daily swap area seen at...
Weekly Timeframe: The weekly timeframe shows that Gold has pushed above a weekly supply area coming in at 1255.2-1226.1. This move has potentially cleared the path north up to a drop-base-drop weekly supply area seen at 1296.3-1269.3.
Daily Timeframe: The daily timeframe on the other hand shows that the recent break of weekly supply (see above) has subsequently...
Weekly Timeframe: The weekly timeframe shows that for five consecutive weeks, price has been hovering above an ignored weekly Quasimodo level at 17135. In the event that this level fails, follow-through selling will likely be seen down towards a weekly support level coming in at 16051.
Daily Timeframe: After looking at the daily-timeframe picture, we feel it is...
Weekly Timeframe: The weekly timeframe is currently showing price trading above a weekly swap level coming in at 1.1870. As a result, this could open the doors to much higher prices in the future. Let’s see what the lower timeframes have to say about this.
Daily Timeframe: The rebound seen from just below the daily swap level at 1.2022 on Wednesday saw the...
Weekly Timeframe: Current trading action shows that the USD has seen a decline in value, consequently forcing price to trade just above a major weekly swap level coming in at 115.50.
Daily Timeframe: The buyers and sellers are currently seen battling for position within a daily demand area at 115.55-116.38 (located just above the aforementioned weekly swap...
Weekly Timeframe: The weekly timeframe shows that price is now trading within a weak-looking weekly supply area coming in at 1255.2-1226.1. The reason we believe this area to be weak is simply because price has already visited this area once already on the 08/12/14, consequently decreasing the chances of a reaction being seen here. What is more, notice that the...
Weekly Timeframe: The weekly timeframe shows that price is now trading within a weak-looking weekly supply area coming in at 1255.2-1226.1. The reason we believe this area to be weak is simply because price has already visited this area once already on the 08/12/14, consequently decreasing the chances of a reaction being seen here. What is more, notice that the...
Weekly Timeframe: The weekly timeframe shows that price remains trading between a weekly Quasimodo resistance level coming in at 122.18, and a major weekly swap level seen at 115.50.
Daily Timeframe: Yesterday’s trading action shows that price pushed below a daily swap area seen at 119.19-118.04. This may encourage further selling down towards a minor daily...
Weekly Timeframe: The weekly timeframe shows that Gold increased in value last week from 1188.0 to 1222.6. As such, price is now trading below a weak-looking weekly supply area coming in at 1255.2-1226.1. The reason we believe this area to be weak is simply because this weekly supply area has already been visited on the 08/12/14 consequently weakening the supply...
Weekly Timeframe: From a technical perspective, the weekly timeframe shows very little change. Price still remains to be trading between a weekly Quasimodo resistance level coming in at 122.18, and a major weekly swap level seen at 115.50.
Daily Timeframe: Last week saw rather cramped trading conditions as the buyers and sellers battled for position between a...
Weekly Timeframe: The recently closed weekly candle shows that the Euro saw a further decline in value last week, subsequently breaking below a major weekly demand area at 1.1875-1.2095, and forcing the market down towards a weekly Quasimodo support level coming in at 1.1758 (weekly trendline confluence - 23/10/2000 – 0.8230) . Buyers were not completely dormant...
Weekly Timeframe: The weekly timeframe shows that Gold has been moderately bullish since hitting the weekly decision-point demand level seen at 1136.3 on 03/11/14. Nonetheless, signs of weakness over the past four weeks or so have begun to show just below a weekly supply area coming in at 1255.2-1226.1.
Daily Timeframe: The rebound seen from the daily Quasimodo...
Weekly Timeframe: There is clear buying interest being seen around a weekly decision-point demand area (9126-9467) at the moment. In the event that the buyers continue with this tempo, we feel that there’s a good chance price may attack the 10048 level once more.
Daily Timeframe: Yesterday saw the DAX witness a further increase in value, consequently closing for...
Weekly Timeframe: The weekly timeframe shows that the buyers and sellers are still ranging between a weekly Quasimodo resistance level coming in at 122.18, and a major weekly swap level seen at 115.50.
Daily Timeframe: Like the weekly timeframe, we’re also seeing a consolidation on the daily timeframe. The market is currently capped to the downside by a daily...
Weekly Timeframe: The weekly timeframe shows that the Euro continues to receive punishment as a major weekly demand area seen at 1.1875-1.2095 has been consumed. This consequently forced the market down towards a major weekly Quasimodo support level seen at 1.1758. Could the buyers see a little action here?
Daily Timeframe: Contrary to what we’re seeing on the...
