A few of the JPY pairs such as the USDJPY, GBPJPY, CHFJPY and especially the EURJPY have continued the roaring up-trend we witnessed and I discussed a lot about at the start of this year. The best and most obvious trend on the daily charts for traders of 2013 has been without a doubt been on the JPY …
GBPCHF Fires Off Weekly Bearish Engulfing Bar | 10 Dec 2013
The GBPCHF has formed a Bearish Engulfing Bar (BEEB) on the weekly price action chart. This BEEB has formed rejecting a long term key resistance level that has been a proven key level. This is the same level I spoke about in the latest setup I posted about with the three day pin bar that sent price …
USDSGD Winding Up After Forming Bearish Engulfing Bar | 6th Dec 2013
Price on the daily price action chart of the USDSGD has begun winding up tighter and tighter after forming a Bearish Engulfing Bar (BEEB). The BEEB is rejecting a key daily resistance that has been a proven level on both the short and longer term. Price has been unable to break the BEEB low and make …
