Weekly Timeframe: Follow-through buying is currently being seen on the USD/JPY after price broke above the weekly supply area at 105.432-104.065. From here, we see very little on this timeframe stopping price from hitting the heavy-weight weekly supply area at 110.652-108.123.
Daily Timeframe: Price is currently seen trading around the upper limit of the daily...
Weekly Timeframe: The weekend gap has forced prices to trade below the weekly flip support level at 1.62591, if follow-through selling is seen, the near-term weekly demand area at 1.58533-1.60157 will likely be hit soon.
Daily Timeframe: The gap below daily demand at 1.62510-1.63401 seen at the beginning of the week likely signals a continuation move down to...
4hr Timeframe: The important 4hr decision-point level at 1.29580 has been consumed by a fraction of a pip, marked with a blue arrow at 1.29617. This could likely be a signal pro money are taking prices higher, well, at least to the next area of interest, which seems to be the huge psychological number 1.3. Do bear in mind this is only our opinion, we know of some...
Weekly TF: Price is now currently trading around a strong-looking weekly supply area at 0.94546-0.93081. If sellers enter the market here, we can likely expect active buyers to be situated around the weekly R/S flip level support at 0.90927.
Daily TF: A beautiful to-the-pip reaction has been seen around daily supply at 0.94546-0.93702. If this selling continues,...
4hr TF: Our pending sell order set just below 4hr supply (1.10388-1.10163) at 1.10127 has been successfully filled, and at the time of writing nicely sitting in the green. Our first take-profit target is set just above the 4hr S/R flip (support) level (1.09311) at 1.09428. Whilst this is a little way off, we strongly believe price will drop down to around that...
Weekly TF: At the time of writing, price is trading just above a weekly decision-point (support) level at 1244.08. In our humble opinion, it may be time to be locking in profits on any shorts open, and thinking about looking for buying opportunities.
Daily TF: On the daily timeframe price is seen entering a daily demand area at 1238.41-1254.85. This area of...
Weekly TF: Follow-through buying is currently being seen on the USD/JPY after price broke above the weekly supply area at 105.432-104.065. From here, we see very little on this timeframe stopping price from hitting the heavy-weight weekly supply area at 110.652-108.123.
Daily TF: The buying seen on this pair is pushing prices deeper within a daily supply area at...
Weekly TF: A break below the weekly consolidation area (0.94600/0.92046) is taking place at the time of writing, could this be just a fakeout to stop sellers out, or is it really a continuation move in the making? Let’s go down to the lower timeframes to see what we can find.
Daily TF: There is a clear break of a daily demand area at 0.92046-0.92354, this may...
Weekly TF: The weekend gap has forced prices to trade below the weekly R/S flip level support at 1.62591, if follow-through selling is seen, the weekly demand area at 1.58533-1.60157 will likely be hit soon.
Daily TF: The gap below daily demand at 1.62510-1.63401 seen at the beginning of the week likely signals a continuation move down to around a...
Weekly TF: The EUR/USD sold off sharply last week breaking below the weekly demand area at 1.31037-1.32262. This move potentially cleared the way down to a prominent weekly ‘buy zone’ seen at 1.26591-1.28010.
Daily TF: A reaction has been seen around the top of a daily demand area at 1.27541-1.28676, not surprising really considering this area is sitting just...
Weekly TF: Price is now currently trading around a strong-looking weekly supply area at 0.94546-0.93081. If sellers enter the market here, we can likely expect active buyers to be situated around the weekly R/S flip level support at 0.90927.
Daily TF: A beautiful to-the-pip reaction has been seen around daily supply at 0.94546-0.93702. If this selling continues,...
Weekly TF: Once again, price is currently trading around a weekly supply area at 1.10522-1.09996. Was the initial touch at 1.09967 just to draw the sellers in, only to retrace price back up to this area forcing traders to cover their positions? We have seen this kind of move time and time again, and it usually results in a heavy being seen.
Daily TF: A small push...
Weekly TF: At the time of writing, price is trading just above a weekly decision-point level at 1244.08. In our humble opinion, it may be time to be locking in profits on any shorts one has currently open, and thinking about looking for buying opportunities.
Daily TF: On the daily timeframe price is seen entering within a daily demand area at 1238.41-1254.85....
Weekly TF: Follow-through buying is currently being seen on the USD/JPY after price broke above the weekly supply area at 105.432-104.065. From here, we see very little on this timeframe stopping price from hitting the heavy-weight weekly supply area at 110.652-108.123.
Daily TF: The buying seen on this pair is pushing prices deeper within a daily supply area at...
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: A push back into the medium-term daily range (0.92046-0.92354/0.93529) has been seen off of a small daily decision-point area at 0.94044.
4hr TF: The market...
Weekly TF: The EUR/USD sold off sharply last week breaking below the weekly demand area at 1.31037-1.32262. This move potentially cleared the way down to a prominent weekly ‘buy zone’ seen at 1.26591-1.28010.
Daily TF: At the time of writing, trading action remains confined between a nice-looking daily decision-point area at 1.31589-1.31091, and a daily demand...
Weekly TF: Price is now currently trading around a strong-looking weekly supply area at 0.94546-0.93081. If sellers enter the market here, we can likely expect active buyers to be situated around the weekly R/S flip level support at 0.90927.
Daily TF: Ranging action is currently being seen on the daily timeframe between the 0.93346/0.92840 area (Friday’s...
Weekly TF: Prices are seen stalling after hitting an awesome-looking weekly supply area at 1.10522-1.09996. Considering just the weekly timeframe for the moment, we still believe lower prices could be seen, since there’s very little stopping the sellers from challenging the weekly demand area below at 1.05715-1.07008.
Daily TF: The daily timeframe shows the...
