The EURGBP has formed a bearish Pin Bar on the daily chart. This Pin Bar is rejecting the recent resistance and has a bearish close. The very short term move on this pair has been to the down-side and we can now see price has made a run up back into this resistance. This run higher has stopped and …
Price Action Charts in Focus
EURNZD False Break Two Day Pin Bar
Price has flown higher after producing a counter-trend false break pin bar on the two day chart of the EURNZD. Whilst this Pin Bar was against the down-trend that has been in control of late, it made a clear false break of the recent and longer term support level. After breaking through the high …
Gold & Silver Down-Trend Trading | Forex Commentary
Both the Gold and Silver markets have been in heavy down-trends of late and traders who look to trade with the trend on their side should be sitting up and taking note. Friday proved to be a brutal day for both these markets as price was crushed lower with major falls. For traders looking to make …