For the last six weeks price in the silver (Silver v USD) market has been in a strong downtrend as the daily charts show below. Price has sold off strongly lower with only the slightest of retraces back into value areas or resistance levels. Price has been making continued fresh lows, then stalling …
AUDNZD Fires Off BUEB on Daily Chart | 17 Sep 2014
The AUDNZD has fired off a Bullish Engulfing Bar (BUEB) on the daily price action chart. The bullish engulfing bar had moved down during the daily session to test the support level and price flip area before being rejected and closing back higher. Price has been in a solid uptrend of late on the …
4 Hour Engulfing Bar Sends Price Crashing on US Tech 100 | 16 Sep 2014
Price has crashed lower and through an important level on the price action chart of the US Tech 100 Index. Price on the higher time frames such as the daily chart had been moving in a strong trend higher of late, but price moved into a consolidation and winding up period with price now breaking out …