Demand Across The Markets

Last week we had supply marked up on AUDCAD for a potential short but the level didn’t hold. We’ve had a demand level form in it’s place along with demand elsewhere on a number of other pairs which we’ll look at this week.

AUDCAD – Long

We’ve had another demand level form above the previous one so we’ll be watching for a reaction at this level.

2015-12-06 AC Long D1

AUDNZD  – Long

Last week I mentioned that although price is in between two levels on AN, a long seems better given the basing as price rallied. Price is now heading towards demand so we’ll see what happens when it returns.

2015-12-06 AN Long D1

EURGBP – Long

We have price in between two levels on EG here with a newly formed demand level from last week. Given the recent pause in price, a long looks more favorable at the moment.

2015-12-06 EG Long D1

USDCHF – Long

After engulfing the daily supply we’d been watching price has dropped quite sharply back into demand. We’ve have a a bit of a bounce and I’m continuing to monitor this one.

2015-12-06 USDCHF Long D1

Video

Detailed Analysis

Premium members can login to the forum for the detailed analysis which looks at the lower time frame levels we are watching to confirm entries, and the other setups we have for this coming week. This weeks detailed video analysis is here. If you do not have access to the premium content then you can find out how to sign up here.

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