The AUDNZD has formed a Pin Bar on the weekly chart. This Pin Bar has formed rejecting a proven resistance level. Price has failed to break through this resistance level at two at previous attempts. If price can break the Pin bar low and move lower, near term support comes in around round number …
Price Action Charts in Focus
USDCAD Engulfing Bar
The USDCAD has moved lower during yesterdays session on the back of a Bearish Engulfing Bar (BEEB). This BEEB formed with the very recent downward momentum. Price has now fallen into the near term support and closed well off the lows. Traders who entered this one have now been given the chance to …
USDSGD 4HR BEEB
The USDSGD fired off a very solid 4hr Bearish Engulfing Bar (BEEB) during yesterdays session. This BEEB was at a clear level and formed within the downtrend. Quick traders who were alert to their charts yesterday would have easily spotted this obvious setup forming. Price has now moved much lower …