Gold has been a very interesting market in recent times. Price has been very uncertain with price not making a clear or sustained move in either direction. Price has been unable to make any substantial trends and because of this price has been locked into tight consolidation and sideways trading …
Price Action Charts in Focus
Bearish Engulfing Bar Printed on Daily Chart of EURJPY | 30th Jan 2014
A Bearish Engulfing Bar (BEEB) has been printed on the daily chart of the EURJPY chart. Price in recent times has begun to come off what has been a long and sustained up-trend and as the daily chart below shows; price has now found a high and has started what looks like it may be rolling …
Forex Market Finally Breaks Out With USDCHF Confirming BEEB | 24th Jan 14
The daily price action charts of the Forex market have seen some substantial breakouts and big movements over the last 24 hours with price on a lot of pairs making major moves in line with their overall trends or key price action. The recent price action we discussed in this blog on the USDCHF daily …
