NZD pairs across the board have moved higher and in many cases broken their respective resistance levels. The NZDJPY in particular has now broken higher into fresh multi year highs. The last time the NZDJPY was this high was back in May of 2010, which goes to show just how much control the bulls …
USDJPY Winding Up
The USDJPY has made a strong move higher over the previous few weeks. At the time of writing this post price has stalled from this huge move higher and is beginning to wind up. This winding up is a form of consolidation and is very common after a market makes a large move. On the weekly chart we …
Reading Order Flow with Price Action
Reading Order Flow with Price Action For many traders they flick on their charts and will see candles moving up and down. A deeper look into price action shows us that what we are actually watching is not just candles moving up or down, but market order flow taking place. Price Action is the …
