Price on the AUDCHF has fired off an inside bar = IB that is sitting just above a major support level on the daily price action chart. This inside bar is rejecting almost to the pip the daily price flip level. As you can see on both charts below; the low of the inside bar is testing the high of the …
Price Action Charts in Focus
Is the Price Action Re-test Coming For the CHFSGD? 17th Nov 2015
Price on the CHFSGD 4 Hour price action chart is racing higher and into the overhead resistance, as I write this daily Forex commentary for you. This overhead resistance level is a super important price action flip level that has acted as both a support and resistance level, going right back over …
Is the Break on For Brent Oil? | 11th Nov 2015
Price in the Brent Oil vs. USD market is now trying to break lower and through the major price flip support level on the daily price action chart. As I write this market summary, price on the intraday charts, such as the one hour chart below, is attempting to breakout lower. As the daily chart …