In today's Charts in focus post I take a look at the price action charts and major current plays in the CADCHF, AUDUSD and NATGAS markets. At the moment all three of these markets are either stuck in a heavy range and sideways / markets and attempting to breakout, like the daily chart of the …
Price on the 4 Hour chart of the EURUSD is bursting higher and breaking away from the major daily level after firing off a solid Bullish Engulfing Bar 'BUEB'. This Bullish Engulfing Bar was rejecting the support level that price has just recently broken lower and below on the daily chart. I have …
Price has smashed lower, making a really powerful and commanding break of the major daily price action chart support level with a Breakout Bearish Engulfing Bar = BEEB. If you move and go to your own EURUSD daily chart now and mark the same level that I have marked up for you below; you will see …
