Simplified Supply Demand Table 

The table below includes updated supply/demand levels on the major currency pairs. The table is updated on a daily basis after the NY close. The levels will help trading decisions for intraday, swing and positions traders.

D

**RBR = Rally-base-rally 

**RBD = Rally-base-drop

**DBD= Drop-base-drop

**DBR= Drop-base-rally

** Refer to footnote for further information on supply/demand analysis

Supply Demand Charts and Analysis

Below readers can graphically identify supply and demand areas registered in our daily supply/demand table above.  A brief comment on the outlook has been also added.

1 - USD INDEX

No change in the upward bias expected, with any retracement expected to be well safe-guarded by areas of intraday fresh demand. Last push higher saw an intraday supply area absorbed, with no additional offer-sensitive areas near by.

d

Source: Barcharts

2 - EURO

The noted supply between 1.3080-3150 capped the corrective runs before the break of 1.30, leading to more downside exposure in the next few days.

d

3 - BRITISH POUND

An additional selling wave hit the Pound, an occurrence not entirely unexpected  as no demand is spotted until - 1.50. The latest topside failure at 1.5245-5280 is indicative of the bearish control in this market.

d

4 - JAPANESE YEN

The break through 100.00 is the reflection of a market well dominated by bulls once again. Dips should be capped by demand areas, while the upside scope has been now expanded until 103.00+, nest supply area.

d

5 - AUSTRALIAN DOLLAR

The pair is still supported by daily demand, however, bids off this area are being absorbed, failing to produce rebounds, and leaving it vulnerable to be penetrated in the near term.

s

Good luck everyone!

Note to all readers

1 - Note every timeframe has an area of supply and demand, however, in order to keep levels reliable and active for most of the trading day, we have decided to only take levels from the 30m/H1 charts and above. Bear in mind, the higher the timeframe, the higher its reliability, thus also the reason why anything above 30m/H1 offers good value for the reader. Besides, the smart money aka large institutions tend to use these larger timeframes to enter sizeable positions.

2 - Once price reaches a demand/supply area, an imbalance between buyers and sellers occur, and one side takes temporary control with price reacting, initially, in favor of the dominant side. If the zone in the table states "fresh" that implies price is likely to respect the area and move away from it quite fast. If the zone, on the contrary, has been tested in the past and absorbed partially, chances are that subsequent tests will probably show weaker pullbacks as the imbalance between buyers/sellers (bids/offers) is reduced.

3 - If previous fresh supply/demand is not penetrated in its entirety, meaning unless the table states "100% absorbed", the levels is still valid. Only when the "100% absortion" occurs, you will expect price to seek the next area of supply/demand.

4 - RBD (supply) or DBR (demand) are the ideal combinations to look for as it implies one is buying cheap/selling expensive at wholesale price at the extreme of the curve. It is not suggested to risk entries in the middle of choppy markets.

5 - Trade with the trend for higher probability. We are helping you by giving the uderlying bias of the market, which should be taken in due consideration. While supply/demand levels are likely to work in both directions, with and against the trend, one increases its odds by sticking to the dominant trend. What one should avoid by all means is entries against dominant trends in the middle of choppy markets.

6 - The column "data to watch" provides traders with a more accurate timing as to when these supply/demand zone may come into play, barring other unexpected catalysts.

7 - All supply/demand areas from 30m time-frame up are taken into account, pre-analyzing other critical components such as strong take off from origin, little time spent at the level, fresh area, trade bias. However, readers should still treat the information at their own discretion, previously validating whether or not enough profit margin exists to achieve desired risk reward, always noting where next supply/demand areas are.

8 - The analysis intends to dissect for the reader at FXstreet.com where large banking institutions have been recently buying and/or selling a particular pair and what is the likelihood of these activity continuing to show up at that particular level. Note no conventional technical analysis derived from the prices was conducted.

9 - No entry/stops/profit target levels are given, as the intention of this report is to purely suggest where large institutions aka the smart money - insiders and better informed speculators - are most likely to be actively selling or buying. To learn more about supply and demand visit Sam Seiden's articles and webinars.

Source http://www.fxstreet.com/technical/analysis-reports/supply-and-demand-analysis/2013-07-02.html



Technical Analysis DailyFX

Image
FTSE 100, DAX 40 and S&P 500 Gingerly Regain Lost Ground on Middle East De-escalation Hopes
Monday, 22 April 2024
??Outlook on FTSE 100, DAX 40 and S&P 500 as investors hope that tensions in the Middle East will diminish.... Read more...
Will US Growth and Inflation Provide the Next Leg Higher for the Greenback?
Friday, 19 April 2024
Will US Growth and Inflation Provide the Next Leg Higher for the Greenback?... Read more...
Image
FTSE 100, DAX 40 and S&P 500 drop on Israel retaliatory strike on Iran
Friday, 19 April 2024
??Outlook on FTSE 100, DAX 40 and S&P 500 as investors fret about escalating tensions in the Middle East.... Read more...
Image
Dow retreat slows and S&P 500 holds above 5000, while Hang Seng rallies sharply
Thursday, 18 April 2024
??US indices have seen their run of losses slow down for the time being, while the Hang Seng enjoyed a strong up day overnight. ?... Read more...
Image
Crude Oil, Dow 30, AUD/USD
Wednesday, 17 April 2024
This article explores retail sentiment within three major markets—crude oil, the Dow 30, and AUD/USD—zeroing in on detecting potential directional shifts using contrarian... Read more...
Risk Sentiment in Full View as Israel-Iran Conflict is Likely to Continue
Wednesday, 17 April 2024
Risk assets, like the S&P 500, have printed the deepest pullback witnessed throughout the latest bull run as concerns around a broader Middle East conflict build and The... Read more...
Risk Assets Under Pressure From Growing Middle East Tensions
Tuesday, 16 April 2024
US equity markets fell sharply Monday as traders took risk off the table... Read more...
Image
Gold, WTI Crude Oil, S&P 500
Monday, 15 April 2024
This article analyzes retail sentiment on three key markets: gold, WTI crude oil and the S&P 500, exploring potential directional outcomes based on contrarian technical... Read more...
Image
US Dollar, Gold on the Move Ahead of a UK Data-Focused Week
Friday, 12 April 2024
US CPI has propelled the dollar and US yields higher and clearly had no effect on gold prices. In the week ahead we take a look at possible easing in GBP/USD which is... Read more...
Image
???FTSE 100, DAX 40 and Nasdaq 100 Regain Lost Ground???
Friday, 12 April 2024
??Outlook on FTSE 100, DAX 40 and Nasdaq 100 as US earnings season kicks off.... Read more...

Technical Analysis FXstreet

What I See in FX Market
Saturday, 06 July 2013
$EURUSD What Forex Target Traders See: We are currently sitting @ 1.2830 on the S6 form the pivot point and a double bottom. We are waiting to see if we get a bounce back to... Read more...
Central banks and the NFP mix it up
Friday, 05 July 2013
Polish Zloty (EUR/PLN) – MPC cuts rates to lowest level in history For weeks like the ending one, traders wait for a long time. We experienced a lot of action from central... Read more...
Where is the smart money buying/selling $$?
Thursday, 04 July 2013
Simplified Supply Demand Table  The table below includes updated supply/demand levels on the major currency pairs. The table is updated on a daily basis after the NY... Read more...
Where is the smart money buying/selling $$?
Wednesday, 03 July 2013
Simplified Supply Demand Table  The table below includes updated supply/demand levels on the major currency pairs. The table is updated on a daily basis after the NY... Read more...
Where is the smart money buying/selling $$?
Tuesday, 02 July 2013
Simplified Supply Demand Table  The table below includes updated supply/demand levels on the major currency pairs. The table is updated on a daily basis after the NY... Read more...
Where is the smart money buying/selling $$?
Monday, 01 July 2013
Simplified Supply Demand Table  The table below includes updated supply/demand levels on the major currency pairs. The table is updated on a daily basis after the NY... Read more...
What I See in FX Market (Sat, Jun 29 2013)
Saturday, 29 June 2013
$EURUSD What Forex Target Traders See: We are currently sitting @ 1.3016 just below the .618 Fibo in a 5 wave move down. We are waiting to see if we get a bounce on the day... Read more...
GBPUSD is facing channel support
Saturday, 29 June 2013
GBPUSD is facing the support of the lower line of the price channel on daily chart. A clear break below the channel support will indicate that the downtrend from 1.6339 has... Read more...
GBPUSD bounces off the lower Bollinger Band for now. A weak close could spell trouble for next week
Friday, 28 June 2013
A ForexTrading.TV Technical Analysis Video Alert for GBPUSD... Read more...
Where is the smart money buying/selling $$?
Thursday, 27 June 2013
Simplified Supply Demand Table  The table below includes updated supply/demand levels on the major currency pairs. The table is updated on a daily basis after the NY... Read more...

Improve Your Trading Skills

forexforbeginners

"Simply a Must Read for Every Serious Forex Beginner"

Available at Amazon

Now also for Kindle 

get forex book


The Markets