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...
Daily TF. The push down from the daily S/R flip level at 0.79751 has been quite aggressive. Price is currently seen trading quite deep within daily demand at 0.78862-0.79206 with not much interest being shown from the buyers at present. 4hr TF. The tail marked with an arrow at 0.79251 was clearly a very important clue that demand was well and truly cleared...
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 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 break out 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 at the moment. It was...
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 price is currently trading in no man’s land between daily supply above at 1.76297-1.73024 and daily S/R flip level seen below at...
Daily TF. A nice bit of bearish action is being seen on the daily timeframe, as price is pushed further south likely heading towards daily demand at 1.34760-1.35265. A reaction may well be seen here, but a break below could also happen due to this area seeing multiple touches already which likely weakened demand (little buy orders seen). 4hr TF. The sellers...
Daily TF. Wow, would you look at that bearish price action. The last analysis reported the following which we believe still holds very true: Price is more or less free to hit the daily supply area above at 1391.97-1366.80, but we must remember price will rarely just shoot straight there no matter how much we want It to! A bearish retracement will likely follow...
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 is currently trading out of daily demand at 1.05874-1.06680 into a daily decision-point area at 1.07508-1.07293. A decline in value has been seen towards the round...
Daily TF. We have moved the minor S/R flip level up to where price reacted at 0.79751 showing price is now capped between the aforementioned minor S/R flip level and daily demand below at 0.78862-0.79206. 4hr TF. A push above the 4hr S/R flip level at 0.79679 was seen which no doubt stopped lots of traders out both attempting to fade the level and also breakout...
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 resistance being seen above at 102.713 and daily demand seen below at...