The Stoxx 50 which is an index of the 50 largest blue-chip European companies operating within the eurozone nations is now as I write this retracing back higher after in recent times being smashed relentlessly lower. Just like a lot of the major world equity markets of late; after going on extended …
EURAUD Moves Into Key Technical Analysis Decision Point | 14th Oct 2014
The EURAUD has now reached a key decision point on the daily price action chart that could decide where price goes over the coming days and weeks. This level has been a proven and major price flip level, acting as both a support level back in may of this year before price smashed lower and in recent …
Russell 2000 Prints Bullish Engulfing Bar on Daily Price Action Chart | 9th Oct 2014
The Russell 2000 (US2000) has now formed a large Bullish Engulfing Bar (BUEB) down at the low on the daily price action chart. This engulfing bar is a large candle that is rejecting a major weekly support level as the chart shows below. This market has been in a very compressed and ranging market of …
