The USDZAR (US Dollar v South African Rand) has fired off a bullish engulfing bar (BUEB) on the daily price action chart at a major daily support level. This chart has been super choppy of late and as the daily chart shows below; this engulfing bar does have a minor trouble area or minor resistance …
Will The US 30 Break Into All Time Highs? | 15th May 2015
The US 30 or Dow Jones is once again moving back higher and into the major daily resistance level to potentially look at breaking higher and once again into all time highs. As I have covered heavily in this Forex blog on multiple occasions in the recent months, the US 30 has been one of the …
Silver Smashes Higher Above Major Price Action Resistance | 14 May 2015
The Silver v USD or XAGUSD has smashed higher crashing through a major daily resistance level to importantly close above a level that had been containing price for the last three weeks. This resistance level has been a major price flip level for some time. As the daily chart shows below on both …
