Gold has been a very interesting market in recent times. Price has been very uncertain with price not making a clear or sustained move in either direction. Price has been unable to make any substantial trends and because of this price has been locked into tight consolidation and sideways trading …
Bearish Engulfing Bar Printed on Daily Chart of EURJPY | 30th Jan 2014
A Bearish Engulfing Bar (BEEB) has been printed on the daily chart of the EURJPY chart. Price in recent times has begun to come off what has been a long and sustained up-trend and as the daily chart below shows; price has now found a high and has started what looks like it may be rolling …
EURSGD Produces Small False Break on Daily Price Action Chart | 29 Jan 2014
The EURSGD has now moved lower and into the near term support level on the daily price action chart after producing a small false break pin bar. This small pin bar was making a false break of the recent swing high resistance area that was showing a clear rejection of higher prices. Price had moved …
