The USDSGD has moved lower and into the near term support level after firing off a bearish 2 bar reversal trigger signal. The bearish 2 bar reversal was formed up at the high rejecting a major daily resistance level as both charts show below; After moving higher up and into the daily resistance …
First Test of Resistance Could Present Potential Short Trades in the Platinum Market | 4 Dec 15
Price is looking to make a potential first test of a major resistance level on the daily price action chart in the platinum market as I write this for you. Over the last few four hour sessions price has been rocketing higher with strong bullish candles that have closed clearly bullish up towards the …
GBPUSD is Sliding Lower in a Major Range | 2 Dec 2015
Price on the GBPUSD is sliding lower and into the next near term support level on the daily price action chart as I write this daily Forex commentary. Just in the last few weeks price has been moving heavily lower and has broken through two important swing points and support levels as the daily …