The GBPCHF has been roaring higher of late. Price has moved up so strongly it did not even halt at the recent resistance. With such a strong move higher only a very brave trader would try and trade against it. Traders could look to trade with this recent up momentum. A logical level to look for a …
Price Action Charts in Focus
AUDUSD Closes Under Parity
The AUDUSD has been getting flogged lower in the last couple of weeks. From a high of over 1.0800 price has moved lower to now being under parity for the first time in quite a few months. You will note a Pin bar reversal changed the direction of this market at the very top. Price Action traders …
Market Over Extended
This past week the market in most pairs has been moving very strongly in one direction. Nearly all pairs are over extended and due decent pullbacks. As we know price does not go straight up or down and has to retrace at some point. When the market does move back into some value areas is the time …
