The USDJPY has recently broken out of the tight range it had been trading in. Price had been struggling along at recent lows, being contained by the range high and low. Price has now broken out higher and begun a new trend. The best play in recent times has been to sit and wait for the market to …
AUDND PIN BAR
The AUDNZD has formed a Pin Bar reversal on the daily chart. This is not the best Pin Bar that could have formed here because it did not form right up at the high and stick out like we would like. The other main problem with this Pin Bar is it has formed with support very close below. If price …
Silver Recap
In a previous post we discussed how price on Silver had broken out of a tight range, and a move back higher to the low of this range could have been a chance to get into the new down trend. To read that post see here: Silver Break Out Silver did move back higher into the old support area of the …