Price on the EURNZD is now retracing back higher into what could be a kill zone for traders to begin potentially hunting short trades on their intraday charts with the recent strong trend. The level that price is moving back higher into is a major level. This level has been a proven support level in …
What on Earth is Going on With the CHF? | 16th Jan 2015
The Swiss Franc soared overnight making as much ground as 30% at one point on some pairs in the blink of an eye. Whilst the Forex market is highly volatile and that is why we love it, this sort of move is unprecedented and only comes around normally once every couple of years. The last two moves …
GBPJPY Fires Off Pin Bar Reversal on Daily Chart |15th Jan 2015
The GBPJPY has fired off a Pin Bar reversal on the daily price action chart that is rejecting a support level that was an old resistance area where price had previously tried to bust higher, but failed. Price is now trying to hold at this new support level as a new price flip. Whilst this pin bar …
