The USDCHF has formed a Pin Bar reversal on the daily chart. This Pin Bar is against the short term trend which means it is a lower percentage trade compared to a Pin Bar that is formed with the trend. If price can get a wriggle on and move higher we could see price move into the near …
USDCHD Loading Up
The USDCHF has recently broken through support and moved lower. The trend on this pair is lower and looking to take short trades would be inline with this recent trend. On the chart below we can see that there is a very clear old support level that may act as new resistance. Should price rotate …
USDJPY Wind Up Recap
Earlier this week we posted about the USDJPY being in a range. In that post we discussed the likelihood that price would make a break higher and move aggressively to the next resistance. To read that post see here: USDJPY Winding Up On the daily chart of this pair we can see that price has now …
