The AUDUSD or Aussie as it is commonly known has been absolutely smashed in recent times with price falling over 600 pips in just the last 3 weeks on the daily price action chart. From a high at the round number of 0.9400, price fell of a cliff and in the past few weeks there has been very few …
Price Action Charts in Focus
Sugar Fires Off 4hr Bearish Engulfing Bar at First Test Resistance| 26 Sep 14
Price action on the 4hr chart of the Sugar market has fired off a 4 hour Bearish Engulfing Bar (BEEB). Price has started a retrace back higher on the 4 hour chart with price moving back into the key resistance level. As the daily chart shows below; price has now moved into the key daily resistance …
AUDNZD Fires Off BUEB on Daily Chart | 17 Sep 2014
The AUDNZD has fired off a Bullish Engulfing Bar (BUEB) on the daily price action chart. The bullish engulfing bar had moved down during the daily session to test the support level and price flip area before being rejected and closing back higher. Price has been in a solid uptrend of late on the …
