Warithu Wordpress. Supply and Demand Price action

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  • EUR/USD: Weekly Timeframe: Looking at the weekly timeframe, we can see that price has recently took out a weekly demand area at 1.0499-1.0740, and at the same time, likely cleared the path south down towards a long-term weekly swap level seen at 1....

  • Market Timing
    via maximumlots

    Knowing where price is likely to turn is key to being able to profit from the markets and knowing when to get in and out is another. In my weekly outlook articles I always show where price has the potential to turn and on the private members forum we...

  • Bearish rejection was expressed off important key resistance at 1.5400 located on the chart corresponding to 61.8% Fibonacci Level extending up to 1.5440.  This significant resistance managed to put bearish pressure leading towards quick retracement...

  • The market was pushed lower after breaking below major demand levels around 1.2100 and 1.2000 where historical bottoms were previously hit back in July 2012 and June 2010. The EUR/USD pair has lost almost 850 pips since the beginning of 2015. Moreover...

  • Show full picture The market has previously established a consolidation zone around 1.5000, which extended up to 1.5280. This was followed by a transient uptrend maintained within the depicted channel. Bulls managed to push towards higher levels, including...

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