The USDCAD has finally moved higher and into the first minor resistance after breaking the high of the weekly pin bar reversal. Price has been struggling to move anywhere for the previous two weeks, but after breaking higher, price quickly moved into the near term level. This pin bar was discussed …
Price Action Charts in Focus
Looking to Get Long on EURUSD | 9th Oct 2013
The EURUSD has moved into a major resistance area on the daily chart. Price has been in an up-trend on the daily chart in recent times with price making higher highs and higher lows with price now moving into this resistance. This resistance is a long term resistance that can be seen best on the …
GBPJPY Fires Off Bearish Engulfing Bar | 8th Oct 2013
The GBPJPY has fired off a bearish engulfing bar (BEEB) on the weekly price action chart. This beeb has a large wick on it that is engulfing the previous candle. Price on the BEEB has managed to move and close below the key weekly support level which could be critical for the direction of price in …
