Weekly Timeframe: Not a lot of movement has been seen on the weekly timeframe since the previous analysis, and as such, price remains trading around the Weekly demand swap area coming in at 1.26591-1.28010.
Daily Timeframe: A positive close above the 1.26837 level has recently been seen on the daily timeframe. This move has in our opinion confirmed buying...
Weekly Timeframe: The weekly timeframe shows active buying interest is currently being seen around a weekly demand area at 1156.70-1194.45, is it time to be looking for buying opportunities?
Daily Timeframe: The daily timeframe is currently showing some very nice price action. The sellers around the 1206.49 level have in our opinion been well and truly consumed....
Weekly Timeframe: There is clear buying interest being shown within the weekly demand area at 1.58533-1.60157. Could we be seeing the start of higher prices here?
Daily Timeframe: After looking at the daily chart for some time now, we have come to the conclusion that a deep fakeout of the huge psychological number 1.6 may have happened, hence the current higher...
Weekly Timeframe: Not a lot of movement has been seen on the weekly timeframe, and as a result price remains trading around the Weekly demand swap level coming in at 1.26591-1.28010.
Daily Timeframe: The daily timeframe shows that the buyers and sellers are currently battling it out around the 1.26837 level. A break above this level would not only confirm buying...
Weekly Timeframe: The weekly timeframe shows active buying interest is currently being seen around the weekly demand area at 1156.70-1194.45, is it time to be looking for buying opportunities?
Daily Timeframe: Price has played out exactly as expected on the daily timeframe. A small fakeout was seen just below the daily Quasimodo support level coming in at 1186.83...
Weekly Timeframe: A full-bodied bullish candle formed last week resulting in price trading relatively deep within a weekly supply area seen at 0.98378-0.95895. As per this timeframe, we are naturally expecting lower prices to be seen this week.
Daily Timeframe: At the time of writing, the daily timeframe is showing selling interest coming into the market within a...
Weekly Timeframe: A positive close above a weekly Quasimodo resistance level coming in at 1.12231 was seen last week, and at the time of writing, price is currently retesting this level as potential support. Assuming this level holds, a possible rally could ensue all the way up to a weekly supply area seen at 1.17225-1.15417.
Daily Timeframe: For the weekly...
Weekly Timeframe: The weekly timeframe shows price is currently trading within a monster weekly demand area at 0.76931-0.78623. Does this mean we should be preparing ourselves for a rally in price?
Daily Timeframe: Last week showed there was clear buying interest around the daily demand area at 0.77507-0.77772. Be that as it may, the only way in our opinion to...
Weekly Timeframe: The weekly timeframe shows price has now entered a long-term weekly demand area seen at 1156.70-1194.45. According to the weekly candle the sellers had taken overall control last week as price closed the week at new lows (1190.85). Our first thought, from looking only at the weekly timeframe is to go long, however let’s see what the lower...
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: Very beautiful indeed! The daily timeframe shows price has successfully closed above the 0.87556 level,...
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: Very beautiful indeed! The daily timeframe shows price has successfully closed above the 0.87556 level,...
Weekly Timeframe: Two weeks ago, a to-the-pip reaction was seen off of a weekly decision-point (supply) area at 1.66429-1.65340. Assuming further selling is seen, it is very likely price could hit the weekly demand area at 1.58533-1.60157 sometime soon.
Daily Timeframe: The daily time frame shows that price has very nearly hit a daily demand area seen at...
Weekly Timeframe: The weekly timeframe shows selling interest is beginning to come into the market within weekly supply at 110.652-108.123. Assuming follow-through selling is seen, we can likely expect price to test the 105.432 level (Resistance swap level) sometime in the near the future, since the path south appears to be clear of any obstacles (demand) on this...
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...
