The AUDUSD has finally broken out lower and out of the boxing that price has been contained in now for the past month. In our 23 Oct Daily Market Commentary we discussed the Aussie and how price was stuck in this sideways trading with price not being able to breakout either higher or lower of a 260 …
Price Action Charts in Focus
US Tech 100 Hits New Yearly High in Strong Breakout | 4th Nov 2014
The US tech 100 has yet again made a fresh new high for the year and whilst price is still a fair way off it's all time highs of the 2000's market bull run, it is in a strong trend higher and has been progressively moving higher with strength and higher highs and higher lows all year. Some other …
USDZAR Fires Off 2 Bar Reversal at Daily Price Flip Level | 30 Oct 2014
The USDZAR has fired off a 2 bar reversal at a key price action flip level. Whilst this pair is not in a clear trend in either direction, the level that the 2 bar reversal is rejecting is a major one and has acted as a major resistance previously before price burst higher. Now that price is above …
