Weekly Supply and Demand Outlook 2014-09-21

AUDCAD - Long

Price has been dropping quite rapidly and is very close to demand. If price continues to fall with red daily candles I'll be looking for a reversal pattern on the lower time frames.

A25 image 1 AC Daily

AUDNZD - Long

Price reversed nicely from the supply I identified a few weeks back and is heading towards demand. If you missed the short perhaps you can catch a long if we get a reversal.

A25 image 2 AN Daily

GBPCAD - Short

Price has already hit supply on GC but there's still lots of profit potential for a move south. There may be some shorting opportunities on the way down. I'll be watching this one closely.

A25 image 3 GC Daily

USDCHF - Long or Short

I'm still watching the USDCHF and we could have a long or short opportunity coming up. Price is over 200 pips away from both SD levels.

A25 image 4 USDCHF Daily

Happy trading

 

4 Comments

  1. Haji Zul on September 22, 2014 at 00:10

    nice analysis

  2. Junior Maia on September 22, 2014 at 23:59

    So simple… so perfect!!!

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