Weekly TF.
One word currently describes price action on the weekly timeframe and that is BORING! Price has now been consolidating about the weekly demand area at 0.85664-0.88124 for nine consecutive weeks.
Daily TF.
Last week the buyers really showed their financial muscle, they bought heavily into price pushing it up to daily supply at 0.90372-0.90042 where a...
Weekly TF.
The week before last (07/11) was showing such positive signs of a big bullish move up from weekly demand at 1.05715-1.07008. However, the weekly candle just closed shows the complete opposite, the buyers seemed to attempt to push higher, but the sellers were having none of it, and slammed the buyers back down forming a relatively large wick. At present...
Weekly TF.
The weekly timeframe still shows the overall trend is down, however huge weekly demand at 0.76931-0.78623 is getting ever so closer week-by-week. To the left, there is very little in the way of obvious weekly demand on this timeframe to stop price from hitting the aforementioned weekly demand area within a few weeks or so.
Daily TF.
Price still...
Weekly TF.
Buyers and sellers are still battling it out around the weekly S/R flip level at 101.206, at this point in time though; the sellers seem to be winning. Could this be an early sign we are going to break lower? If it is, price could very well trade down to weekly demand area at 96.554-98.585 as there is very little in the way of trouble demand stopping...
Weekly TF.
Price has been relatively boring on this timeframe with buyers and sellers seen trading in a consolidation (0.94600/0.92046). A few weeks back the buyers did attempt to trade and close above higher, but were quite quickly hammered back down into this consolidation area.
Daily TF.
Over the past two to three weeks, the majority of the trading action...
Weekly TF.
Sellers are beginning to show some interest now within weekly supply at 1.76297-1.67702. On this timeframe, the nearest logical weekly demand area is seen below at 1.66917-1.67939. If price does indeed reach this far, it would definitely be worth watching lower-timeframe price action for an entry long here.
Daily TF.
The current wave of selling...
Weekly TF.
Sellers on the weekly timeframe are really pushing the buyers to their limits within weekly demand at 1.34760-1.36314. Judging by the pathetic buying activity out of the aforementioned weekly demand area seen over the past few weeks, a break south will likely be seen this week. If a break does indeed happen, buyers and sellers will then be seen trading...
Daily TF.
The ignored daily decision-point area at 1292.52 is proving to be a level of worth with the rebound (at the time of writing) forming an extended higher high.
4hr TF.
It was reported in the last analysis that we should not discard the fact that price may rally back up to the 4hr S/R flip level at 1304.77 before price finally drops to the 4hr S/D flip...
4hr TF.
The higher picture resembles the following:
• The weekly timeframe is showing price consolidating just above weekly demand at 0.85664-0.88124.
• Daily supply at 0.90372-0.90042 has seen a lot of action over the past few weeks with no break north seen yet. Price is currently capped between the daily supply level just mentioned, and the daily S/R flip...
4hr TF.
The higher picture resembles the following:
• Price is currently seen trading out of weekly demand at 1.05715-1.07008.
• Much like the weekly timeframe above, the daily timeframe shows price has traded out of daily demand at 1.05874-1.06680 into a daily decision-point area at 1.07508-1.07293, which has now been broken north.
What an aggressive-looking...
Daily TF.
The sellers have pushed price so very deep into the daily demand area at 0.78862-0.79206 which possibly consumed all of the major buyers within this area. If we do not see much in the way of buying enthusiasm, be prepared for a strong break to the south.
4hr TF.
Price has dropped very deep into 4hr demand at 0.78862-0.79048 consuming the round number...
4hr TF.
The higher picture resembles the following:
• The weekly timeframe shows price is trading around a long-term S/R flip level support at 101.206 with a positive close below yet to be seen.
• Buyers and sellers on the daily timeframe are currently trading within a range with daily resistance being seen above at 102.713 and daily demand seen below at...
4hr TF.
The higher picture resembles the following:
• The weekly timeframe shows price is consolidating at the moment (0.94600/0.92046) with a breakout yet to be seen.
• Buyers and sellers are currently seen trading in between daily supply at 0.95425-0.94852 and an important daily low below at 0.93208 where price is currently trading off of at the moment.
A...
4hr TF.
The higher picture resembles the following:
• Buyers are still seen deep within weekly supply territory at 1.76297-1.67702, with a little interest being shown by the sellers at the moment.
• The daily timeframe still shows consolidating price action in no man’s land between daily supply above at 1.76297-1.73024 and daily S/R flip level seen below at...
The higher-timeframe picture resembles the following:
• Sellers on the weekly timeframe are seen pushing deeper within weekly demand at 1.34760-1.36314.
• The daily timeframe shows price is trading just above the upper base of daily demand at 1.34760-1.35265.
Current price action on the 4hr timeframe shows the sellers have pushed price deeper into the 4hr...
Daily TF.
The bears have been well and truly selling price hard recently, however the buyers have begun to make an appearance around an ignored daily decision-point level at 1292.52. If price breaks below here, be prepared for a bullish reaction of some kind around the daily S/R flip level at 1277.36.
4hr TF.
Price has indeed broken below the low 1304.77 as...
4hr TF.
The higher picture resembles the following:
• The weekly timeframe is showing price consolidating just above weekly demand at 0.85664-0.88124.
• Daily supply at 0.90372-0.90042 has seen a lot of action over the past few weeks with no break north seen yet.
Price is currently capped between the daily supply level just mentioned, and the daily S/R flip...
4hr TF.
The higher picture resembles the following:
• Price is currently seen trading out of weekly demand at 1.05715-1.07008.
• Much like the weekly timeframe above, the daily timeframe shows price has traded out of daily demand at 1.05874-1.06680 into a daily decision-point area at 1.07508-1.07293, which has now been broken north.
It was reported in the last...
