The USDJPY has formed a Bearish Engulfing Bar (BEEB) on the daily price action chart. This bearish engulfing bar has been printed on the daily chart after price stalled and formed an Inside Bar (IB) which is highlighted on the chart below. Although this is an engulfing bar, it is still inside the …
Price Action Charts in Focus
AUDUSD Caught in Wind-Up & EURGBP Breaks From 2 Day Pin Bar | 23 Oct 14
AUDUSD Caught in Wind-Up on Daily Chart The AUDUSD is caught in a medium term wind-up on the daily price action chart with the previous three weeks of price action all caught in a sideways box as sown by the daily chart below. Price has traded sideways in a tight box and moved in a tight …
Gold Breaks Above Important Daily Chart Decision Point | 21 Oct 2014
Price on the daily price action chart of Gold (XAUvUSD) has just broken above an important decision point that could be crucial to where price moves over the near term. Price in the recent few months on the Gold daily chart has been a mess with no clear direction or trend and key levels have become …
