The AUDUSD daily chart has been very uncertain in the last few days and weeks. Price has not been moving cleanly one way or another and instead just ranging. Price is now stuck in a tight range, with key support and resistance levels both above and below. For price to make a clear move in either …
JPY Breaking Out
A lot of the JPY pairs are moving higher and during the last session have broken out of their near term resistance or range areas. The pair we are taking a closer look at today is the CHFJPY on the daily chart. This pair has been in a strong up-trend in recent times, and has now broken out of the …
Silver Engulfing Bar
The weekly chart of Silver has fired off a Bullish Engulfing Bar (BUEB). This BUEB was formed at the recent support area, and also the 50% level. Price during yesterdays session broke the BUEB high and moved higher. Price Action traders who entered this setup would only have been entered once …
