Price on the 4 hour chart of the GBPSGD is retracing higher and back into a major daily resistance point to potentially make another attempt at breaking out higher. As my daily chart that I have below shows, after making a really strong an extended move higher, price has now moved into a sideways …
In-depth Price Action Look at US Stock Market & Where Gas Price Headed | 1st Oct 15
For those of you that follow these daily posts, you will know that we like to watch and trade a wide variety of markets and Forex pairs, and in today's Daily Forex market commentary, I am going to look at what the US stock index and the S&P 500 is doing and where Nat Gas is going because both of …
NOKJPY Fires Off 8 Hour Bearish Engulfing Bar | 30th Sep 15
Price on the NOKJPY has fired off a large and obvious Bearish Engulfing Bar = BEEB on the 8 hour price action chart that is inline with the strong down-trend. This engulfing bar is also formed at a pull-back and value area after price made a quick retrace within this strong momentum lower. In …