AUDUSD Caught in Wind-Up on Daily Chart The AUDUSD is caught in a medium term wind-up on the daily price action chart with the previous three weeks of price action all caught in a sideways box as sown by the daily chart below. Price has traded sideways in a tight box and moved in a tight …
EURSGD Engulfing Bar Breaks & Closes Below Daily Key Support | 22 Oct 2014
The EURSGD has fired off a Bearish Engulfing Bar (BEEB) that has now broken and closed below a key daily support level on the daily price action chart. This bearish engulfing bar finished close to the session lows with the selling continuing right through to the end of the session. As the daily …
Gold Breaks Above Important Daily Chart Decision Point | 21 Oct 2014
Price on the daily price action chart of Gold (XAUvUSD) has just broken above an important decision point that could be crucial to where price moves over the near term. Price in the recent few months on the Gold daily chart has been a mess with no clear direction or trend and key levels have become …
