Weekly Timeframe: At the time of writing, the buyers and sellers are seen trading between a weekly decision-point support level at 1.08774, and a weekly Quasimodo resistance level at 1.12231. A break above this resistance level could potentially see prices trading up to a weekly supply area seen at 1.17225-1.15417, and conversely, a break below the decision-point...
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: The daily timeframe also shows price is currently trading between a daily decision-point supply area at 1241.95-1235.34, and a...
Weekly Timeframe: Weakness is currently being seen within weekly supply seen at 110.652-108.123 at the moment. 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.
Daily Timeframe: The daily timeframe shows the market has clearly found support around the...
Weekly Timeframe: At the time of writing, price is trading very deep within a weekly (demand) ‘buy zone’ at 1.26591-1.28010 with very little buying interest being seen at the moment. A close below here would likely attract further selling down towards a combined weekly demand/Quasimodo support area at 1.22403-1.24420/1.22866.
Daily Timeframe: The daily timeframe...
Weekly Timeframe: Last week saw the EUR/GBP pair close relatively deep within a weekly demand area (0.76931-0.78623) at 0.78055, as the sellers relentless assault continued. Could we see buying interest come into the market here, or is this area doomed to receive even more punishment this week, and possibly the next?
Daily Timeframe: The daily timeframe shows a...
Weekly Timeframe: Over the past three weeks the Aussie Dollar looks as though it has just been pushed off of a cliff! The southbound move that was seen last week saw the weekly candle closing a few pips off its lows (0.87648), within an obvious-looking weekly demand area at 0.86591-0.88247, and as a result, buying interest should really be expected to come into...
Weekly Timeframe: The Euro continued to lose value against the U.S Dollar last week, with weekly candle seen closing (1.26798) a few pips off its lows deep within a weekly (demand) ‘buy zone’ at 1.26591-1.28010. Assuming buying interest comes into the market here, the buyers will likely have to cross swords with active sellers from around a near-term weekly...
Weekly Timeframe: At the time of writing, buyers and sellers are seen trading between a weekly decision-point support level at 1.08774, and a weekly Quasimodo resistance level at 1.12231. A break above here could potentially see prices trading up to at least the weekly supply area seen at 1.17225-1.15417; conversely, a break below the weekly decision-point support...
Weekly Timeframe: Price closed below the weekly decision-point level (1244.08) on the 08/09/14, with price seen retesting it as an area of resistance a week later. Could this be all the sellers need to push prices down to weekly demand at 1156.70-1194.45?
Daily Timeframe: .At the time of writing current trading action is capped between a daily decision-point area...
Weekly Timeframe: Price is currently seen trading relatively deep within a weekly supply area at 110.652-108.123. We will now be primarily looking for selling opportunities. However, in the event a buy trade presents itself, extreme caution will be taken regarding trade management, and risk.
Daily Timeframe: Keeping in mind the weekly timeframe shows price is...
Weekly Timeframe: The recent cascading momentum seen over the past two weeks has brought price down to a weekly Quasimodo support area (0.88189/0.88564), where at the time of writing, a small reaction is being seen. A break below here however, would likely attract further selling down to a weekly demand area seen directly below at 0.86591-0.88247.
Daily...
Weekly Timeframe: Price closed below the weekly decision-point level (1244.08) on the 08/09/14, with price seen retesting it as an area of resistance a week later. Could this be all the sellers need to push prices down to weekly demand at 1156.70-1194.45?
Daily Timeframe: It was reported in the previous analysis that we should expect the possibility of buying...
Weekly Timeframe: The recent momentum seen over the past two weeks has brought price down to a weekly Quasimodo support level at 0.88189, which should produce a bounce at the very least, since weekly demand is sitting directly below at 0.86591-0.88247.
Daily Timeframe: The daily timeframe however is telling a different story. Monday’s trading sessions saw a...
4hr Timeframe: A potential shorting opportunity may be setting up on the Swissy pair. The low 0.93787 marked with a blue arrow has been consumed, potentially clearing the way down to the 0.93344 level.
If price hits the 0.93344 level before filling our pending sell order set at 0.93931, then the trade is cancelled, since this will very likely be our take-profit...
Weekly Timeframe: Price closed below the weekly decision-point level at 1244.08 on the 08/09/14, with price seen retesting it as an area of resistance. Could this be all the sellers need to push prices down to weekly demand at 1156.70-1194.45?
Daily Timeframe: The daily timeframe shows that before the sellers can reach weekly demand at 1156.70-1194.45, they have...
Weekly Timeframe: The recent momentum seen over the past two weeks has brought price down to a weekly Quasimodo support level at 0.88189, which should produce a bounce at the very least, since weekly demand is sitting directly below at 0.86591-0.88247.
Daily Timeframe: The daily timeframe however is telling a different story. Monday’s trading sessions saw a...
Weekly Timeframe: A beautiful to-the-pip touch was seen at a weekly decision-point supply area at 1.66429-1.65340 last week, which brought prices back down to a weekly resistance flip level seen at 1.62591. This week, we will be watching for lower-timeframe bullish price action around this level. However, if this level gives way, it would likely encourage...
Weekly Timeframe: The Euro continued its relentless march south last week, and as a result saw prices closing just above a very obvious weekly ‘buy zone’ (1.26591-1.28010) at 1.28234. This zone remains an important one to us, since it has provided support to the market on three previous occasions, the first, on 25/03/13 (1.27497), the second seen on 13/05/13...
