The GBPCHF has printed a large Bearish Engulfing Bar (BEEB) that is engulfing the previous two candles on the daily price action chart. This has been an interesting chart of late because after firing off a bullish 2 day pin bar off of the recent lows, price ground it's way higher back into the major …
Price Action Charts in Focus
Aussie Breaks Out With Large Engulfing Bar | 6th Nov 2014
The AUDUSD has finally broken out lower and out of the boxing that price has been contained in now for the past month. In our 23 Oct Daily Market Commentary we discussed the Aussie and how price was stuck in this sideways trading with price not being able to breakout either higher or lower of a 260 …
US Tech 100 Hits New Yearly High in Strong Breakout | 4th Nov 2014
The US tech 100 has yet again made a fresh new high for the year and whilst price is still a fair way off it's all time highs of the 2000's market bull run, it is in a strong trend higher and has been progressively moving higher with strength and higher highs and higher lows all year. Some other …