The EURUSD is winding up on the daily chart in a tight box of consolidation. For price to make a move on this pair, either the support or resistance that is holding this pair will have to give way. Price has formed a large bearish two bar reversal hinting at possible lower prices in the coming …
EURGBP Bearish Daily Pin Bar
The EURGBP has formed a bearish Pin Bar on the daily chart. This Pin Bar is rejecting the recent resistance and has a bearish close. The very short term move on this pair has been to the down-side and we can now see price has made a run up back into this resistance. This run higher has stopped and …
EURNZD False Break Two Day Pin Bar
Price has flown higher after producing a counter-trend false break pin bar on the two day chart of the EURNZD. Whilst this Pin Bar was against the down-trend that has been in control of late, it made a clear false break of the recent and longer term support level. After breaking through the high …
