NZD pairs across the board have moved higher and in many cases broken their respective resistance levels. The NZDJPY in particular has now broken higher into fresh multi year highs. The last time the NZDJPY was this high was back in May of 2010, which goes to show just how much control the bulls …
Price Action Charts in Focus
USDJPY Winding Up
The USDJPY has made a strong move higher over the previous few weeks. At the time of writing this post price has stalled from this huge move higher and is beginning to wind up. This winding up is a form of consolidation and is very common after a market makes a large move. On the weekly chart we …
EURAUD Recap
The EURAUD dual Inside Bar's discussed in yesterdays post have now broken during the last session to the downside. During the session the EURO was flattened across the board with many pairs selling off aggressively. On the daily chart of this pair we can see the that the lower support we spoke …
