The EURGBP has formed a Bullish 2 Bar reversal on the daily chart. This pair is showing very interesting signs on the daily chart. Price has sold off from the recent highs and now formed a reversal signal rejecting the low. Price is trading back into an area that in the past has …
Price Action Charts in Focus
AUDNZD 4HR BEEB
Price has moved lower during the recent sessions on the AUDNZD after priced formed a solid bearish engulfing bar (BEEB). This BEEB ticked a lot of boxes such as: - At swing high (value area) - With the strong trend - At an obvious key resistance level. Once price broke through the low of …
Gold Winding up for BreakOut | Price Action Commentary | Johnathon Fox
The price on Gold has been winding up tighter and tighter over the last few days. On the chart below we can see yesterdays daily candle has formed an inside bar. The last few weeks have been very choppy for gold with no clear bias either way. The safest play in this market is going to be to wait …