Firstly I want to say Merry Christmas and Happy New Year to all of you loyal traders and followers who follow this blog regularly. I hope you have had a really great New Year and also had a chance to take a break away from the charts to refresh and spend time with your close family and friends. The …
Price Action Charts in Focus
EURAUD Stalls at Key Support Level on Daily Chart | 23rd Dec 2014
The EURAUD has stalled at a key support level on the daily price action chart. As the first daily chart that is zoomed out below shows; this key level has been a super important price flip level, flipping between acting as both a support and resistance in recent times. Price has been in a really …
USDJPY Fires Off 8 Hour Price Action Pin Bar Reversal | 10th Dec 2014
The USDJPY has fired off a pin bar reversal on the 8 hour price action chart. This pin bar reversal is sticking out and away and is down at a swing low within the strong recent trend higher. Price as the daily chart shows below; has been in a super strong trend of late higher with price making a …