CADJPY Daily Chart Price on the CADJPY is not in a clear trend in either direction higher or lower with price ranging between key support and resistance levels on the daily chart. Price has been moving down lower in the very short term with the momentum to the downside, but the overall feeling of …
Price Action Charts in Focus
AUDUSD Price Action Kill Zone & CADCHF Breaks Lower
AUDUSD Kill Zone Price on the AUDUSD is moving closer into the kill zone on the daily chart. Price is an a down trend on this pair on the daily chart and is one of the few Forex pairs trending at all at the moment. Price has found the bottom and is retracing higher to retest the old support area …
NZDJPY Reject Price Action Gap With Pin Bar Reversal
When the NZDJPY opened on Monday morning it had formed a large Gap lower. Gaps can quite often act as support and resistance. When price moves up to test gaps, price can often produce reversal candles rejecting the gap and moving in the opposite direction. In this case price moved higher to test the …