The AUDUSD has formed a Pin Bar reversal on the daily chart. This Pin Bar is formed at a key support level and is well defined as well as sticking away from all other price. Price has been trading lower lately with all momentum to the downside. In the recent few days we can see price has been …
Price Action Charts in Focus
NZDCAD Bearish Engulfing Bar | Forex Market Commentary
The NZDCAD has formed a Bearish Engulfing Bar (BEEB) on the weekly price action chart. Whilst this BEEB is formed up at a nice swing high, there is a very close near term support level. If price is to make any more solid moves lower it is going to have to make a break out through this support …
NZDUSD 2 Day False Break Pin Bar
The NZDUSD has moved lower after producing signals on both the daily and two daily charts. The daily chart formed a bearish engulfing bar (BEEB) at resistance and the two day chart showed a bearish false break pin bar. The cleaner looking setup was on the two day chart where we can see price made …