The Natural Gas or XNGUSD daily price action chart has formed a Bearish Engulfing Bar (BEEB) engulfing the previous two candles. This engulfing bar has formed after a large run higher in recent times with price having made a steep climb off a double low. As the daily chart shows below; price was …
Price Action Charts in Focus
Exotic Forex Pair Fires Off Bullish Price Action | 19th May 2015
The USDZAR (US Dollar v South African Rand) has fired off a bullish engulfing bar (BUEB) on the daily price action chart at a major daily support level. This chart has been super choppy of late and as the daily chart shows below; this engulfing bar does have a minor trouble area or minor resistance …
Will The US 30 Break Into All Time Highs? | 15th May 2015
The US 30 or Dow Jones is once again moving back higher and into the major daily resistance level to potentially look at breaking higher and once again into all time highs. As I have covered heavily in this Forex blog on multiple occasions in the recent months, the US 30 has been one of the …
