After covering a bunch of the major Forex pairs on my 27th May 2015 Daily Forex Trade Setups Commentary, today I want to look closely at and go over exactly how you can analyse the live price action on any chart to read the full price action story. Whilst there is a heck of a lot more than what I …
EURUSD, USDJPY & USDCAD Price Action Catches Fire! | 27th May 2015
Price action has taken off on the EURUSD, USDJPY & USDCAD daily charts. As you can see below; all of these Forex pairs have broken out of their respective key daily major support or resistance levels with strong breaks and then made strong moves higher or lower. EURUSD DAILY CHART The EURUSD …
Nat Gas Engulfs Previous Two Candles With Price Action BEEB | 20th May 15
The Natural Gas or XNGUSD daily price action chart has formed a Bearish Engulfing Bar (BEEB) engulfing the previous two candles. This engulfing bar has formed after a large run higher in recent times with price having made a steep climb off a double low. As the daily chart shows below; price was …
