The AUDJPY has been experiencing soild downward momentum of late on the daily chart. Price has broken a key support level and now looks to be possibly retracing higher to this old support area. If price can test this old support traders could look for it to hold as new resistance. Short trades …
Price Action Charts in Focus
EURUSD Closing in on Resistance
The EURUSD has been pretty quiet of late with no sustained move either higher or lower. Price now is getting close to the recent resistance area where traders could look to get short if big Price Action forms. Trading could be done on the 4hr or daily chart. Support comes in around …
GBPUSD Stuck in a Range
The GBPUSD is still stuck range trading in a tight box. Price has been struggling to go either higher or lower from this box in the last week. When price eventually break out one way or another we will be given a much clearer idea of whether to start looking for long or short …
