The AUDNZD has fired off a Bullish Engulfing Bar (BUEB) on the daily price action chart. The bullish engulfing bar had moved down during the daily session to test the support level and price flip area before being rejected and closing back higher. Price has been in a solid uptrend of late on the …
Price Action Charts in Focus
EURCAD Prints Engulfing Bar at Resistance on Daily Chart | 11th Sep 2014
The EURCAD has printed a Bearish Engulfing Bar (BEEB) on the daily price action chart that is rejecting the old support/new resistance area. As the daily chart shows below; price has been in an extended down trend and this old support level is where price paused before then continuing on it's move …
Germany 30 Index Forms Inside Bar Above Support | 9th Sep 2014
The DE30 or Germany 30 Index is a stock market index of the 30 major German stocks listed on the Frankfurt Stock Exchange. Price on the daily chart has formed an inside bar (IB) just above the key daily support level. Price in recent times has been roaring higher and after making only a slight …