CADJPY Inside Bar The CADJPY has formed an Inside Bar (IB) on the daily chart. Over the last few months we have made many posts about the strong trend that has been in place on most of the JPY pairs. This trend higher has been in full flight and other than a few pauses, it has been unstoppable We …
EURUSD Update & USDCHF Counter Trend Pin Bar
USDCHF DAILY CHART The USDCHF has formed a super large Pin Bar reversal. This Pin Bar has a huge nose and is sticking out, up and away from all other price like the best Pin Bar's do. The one worry with this Pin Bar is before it formed the obvious trend has been clearly moving higher and to take …
EURUSD Bearish Engulfing Bar From Resistance
Overnight the EURUSD has formed a Bearish Engulfing Bar (BEEB) on the daily chart. Whilst this BEEB has formed towards a low, it is rejecting resistance and has closed well lower off the daily highs. Price during the daily session moved higher into a key level for this market where resistance was …