The Swiss Franc soared overnight making as much ground as 30% at one point on some pairs in the blink of an eye. Whilst the Forex market is highly volatile and that is why we love it, this sort of move is unprecedented and only comes around normally once every couple of years. The last two moves …
Price Action Charts in Focus
GBPJPY Fires Off Pin Bar Reversal on Daily Chart |15th Jan 2015
The GBPJPY has fired off a Pin Bar reversal on the daily price action chart that is rejecting a support level that was an old resistance area where price had previously tried to bust higher, but failed. Price is now trying to hold at this new support level as a new price flip. Whilst this pin bar …
Can Silver Finally Bust Higher Back Higher? | 7th Jan 2015
The price on the daily Silver price action chart has been stuck in a tight consolidation period for over two months now after being smashed lower. Like a lot of the other commodities such as Oil and Gold, in recent times Silver has been in a heavy down trend with the price being heavily discounted …