Yesterday we posted in this blog about a Bearish Engulfing Bar on the daily chart of the EURGBP. To read that post see here: EURGBP BEEB After posting this setup price moved lower to test the Very Big Round Number of 80.00 before moving back higher to close higher off the daily lows. If price …
EURBGP BEEB
The EURGBP has formed a Bearish Engulfing Bar (BEEB) on the daily chart. This BEEB is in-line with the most recent down move on the daily chart. The weekly chart of this pair also shows a bearish signal in the way of a BEEB. If price can manage to break lower the near term support comes in …
AUDNZD Grinding
The AUDNZD has ground to a halt with price being contained in a small range and unable to break higher or lower. The Daily chart of this pair formed a Bearish Pin Bar Reversal however we have seen little follow through with price stalling at support. This Pin Bar was not the best signal for price …