The AUDNZD has fired off a daily bearish pin bar reversal that is sticking out and rejecting a key resistance level. This pin bar has a long nose that is protruding up and through the key resistance level and is formed meeting the criteria to be a valid pin bar. Price on the AUDNZD in both the …
Where to Now For Gold Daily Price Action Chart? | 31 Jan 2014
Gold has been a very interesting market in recent times. Price has been very uncertain with price not making a clear or sustained move in either direction. Price has been unable to make any substantial trends and because of this price has been locked into tight consolidation and sideways trading …
Bearish Engulfing Bar Printed on Daily Chart of EURJPY | 30th Jan 2014
A Bearish Engulfing Bar (BEEB) has been printed on the daily chart of the EURJPY chart. Price in recent times has begun to come off what has been a long and sustained up-trend and as the daily chart below shows; price has now found a high and has started what looks like it may be rolling …