A lot of the JPY pairs are moving higher and during the last session have broken out of their near term resistance or range areas. The pair we are taking a closer look at today is the CHFJPY on the daily chart. This pair has been in a strong up-trend in recent times, and has now broken out of the …
Price Action Charts in Focus
Silver Engulfing Bar
The weekly chart of Silver has fired off a Bullish Engulfing Bar (BUEB). This BUEB was formed at the recent support area, and also the 50% level. Price during yesterdays session broke the BUEB high and moved higher. Price Action traders who entered this setup would only have been entered once …
GBPAUD Super Pin Bar
Yesterday in this blog we posted about a key level on the GBPAUD. To see that post see click here: GBPAUD Key Level After making that post, price moved higher into the key zone for bears to come in and sell. Price on the 1hr chart formed an obvious bearish price action signal for traders to join …