The EURUSD has recently broken through a major support level. Price had been consolidating above this support level for two weeks with price trading in a very small range. Price had moved into a pause or consolidation after a large and sustained move lower that had started back in April. As we …
Silver Fires Off Engulfing Bar Inside Bar Combo | 21 Aug 2014
Silver has fired off a Bearish Engulfing Bar x Inside Bar Combo on the daily price action chart. This combo setup is rejecting the major daily resistance with the zoomed out daily chart below showing how important this key resistance has been in recent times with price clearly respecting it on many …
WTI Oil Makes Huge Breakout Into Seventh Month Low | 18th Aug 2014
The WTI Light Crude Oil market has overnight seen it's price collapse to lose over $2.50 in the one daily session. This major fall can be seen on the daily chart below. During this fall price moved lower and closed beneath a key daily support level. Once price moved through this support level, price …
