Price on the daily chart of GBPUSD has been moving lower solidly recently with the last leg being a huge down leg. Price has broken a key support level on the daily chart and moved down to test the major support at the extreme lows. Price has tested this support level and at this stage it has …
Price Action Charts in Focus
USDJPY Breaks Key Resistance | Price Action Week Ahead
Price on the USDJPY has smashed up higher and burst through a key resistance area on the daily chart closing well higher. Price managed to push through this crucial level and most importantly after being tested at the sessions close it was sitting above the resistance and not back below. We can …
USDCHF Booms Higher and EURUSD Recap
USDCHF Daily Chart The USDCHF has boomed higher and smashed through resistance in the previous daily session closing well higher. Price has been ranging on the daily chart for the last few months with no clearly defined trend in either direction. When ranges are in play such as in this market the …
