The GBPJPY has moved higher off the back of a Bullish Engulfing Bar (BUEB). This BUEB had formed at an area that was old resistance and held as new support. When price broke higher through the top of the BUEB price began it's climb higher into the next resistance area which comes in around …
Price Action Charts in Focus
Silver Break Out
Overnight Silver has broken out of it's range that it had been trading in for the previous month. Price had been stuck in a tight box situation with price unable to make a clear move either way. Now price has shown it's hand and moved lower, the old low of the range will be important. If price …
EURAUD Pin Bar Recap
On Friday we posted in this blog about a Pin Bar setup that had formed on the daily chat of the EURAUD. We spoke about this Pin Bar forming at old resistance which was holding as new support. To read that post see here: EURAUD PIN BAR Since posting the Pin Bar setup we can see that price did come …
