Price in the Silver market has moved up on the back of a huge Bullish Engulfing Bar (BUEB) to be now testing a crucial level on the daily price action chart. This level that is now holding as a resistance, flipped to become what I often refer to in this blog as a price flip level. As the daily chart …
Gold V Euro Testing Very Important Key Daily Level | 4th Dec 2014
The XAUEUR or GOLD V EURO price has now moved up higher and into a very important area on the daily chart around the 984.50 level. Whilst the GOLD V USD has been flogged and has been heavily sold off for the past months and weeks, over the shorter term the GOLD V EURO has been trading sideways after …
The AUDUSD Retraces and Fires Off A+ Pin Bar on Intraday Chart | 3 Dec 2014
The AUDUSD retraced higher in the previous daily session to test the key daily level. This key daily level has been an important support level where price on the most recent move lower found support. Price on the retrace back higher moved back and into the old support level to make a test to see if …
