The AUDNZD has busted higher and out of a major daily resistance level with a huge move higher. This resistance level has been tested and held on no less than FIVE times in recent months with price making strong attempts to break through, but then falling back lower with only then wicks pushing …
Price Action Charts in Focus
GBPCHF Moves Into Breakout Town on Daily Price Action Chart | 23 June 2015
There is a lot happening in the Forex markets tonight as I write this up for you. The two Forex pairs I am concentrating on in the daily trade setups commentary are the GBPCHF and USDCAD, but there are a lot of other pairs, major stock indices and other markets either breaking out or moving into …
USDSGD Fires Off Huge Engulfing Bar to Break Price Flip Support | 19th June 2015
The USDSGD has fired off a huge Bearish Engulfing Bar (BEEB) on the 4 hour price action chart. This Bearish Engulfing Bar has smashed lower and through a major daily price flip support that price in recent times has really respected. The really two important things to note about this BEEB are …
