Price in the Natural Gas market (XNGUSD) collapsed lower last week, and through the major daily support level. After forming a Bearish Engulfing Bar = BEEB on the daily price action chart, price sold off aggressively to be below the super important price flip level that price had only found support …
Price Action Charts in Focus
AUDSGD Makes Huge Break For it Through Major Demand Level | 4th Aug 2015
The AUDSGD has made a huge break, higher and out of the major daily demand area, that it has been stuck in for the last month. With this strong move, higher price has aggressively pushed through the daily resistance that in recent weeks, only candle highs have been able to test. It is now …
Gold Breaking Out of Wind Up of Long Term Daily Support | 12th Aug 2015
Gold is now attempting to breakout higher of a longer term daily support area, after it had been winding up and consolidating for the last three weeks down at the low. Price is now trying to bust out of this area and as the daily chart shows below; just before we had this attempted break we had a …
