WTI/USD (Oil v USD) has smashed higher and through the recent resistance that was also the Very Big Round Number (VBRN) of 100.00 and is now on the march higher on the daily price action chart. After creating a double bottom in the middle of January, price has reversed steeply and this has seen …
Price Action Charts in Focus
USDJPY Pin Bar Fired Off on Weekly Price Action Chart | 13th Feb 2014
The USDJPY has fired off a Pin Bar on the weekly price action chart. This pin bar is small when comparing to the very best of pin bars, however it is rejecting a key weekly support level. Price over the longer term on this pair has been in an up-trend on the weekly chart for almost 18 months with …
EURJPY Breaks Engulfing Bar and Moves Into 50% Fibo on 4hr Chart | 7th Feb 2014
Recently in this blog we discussed a Bearish Engulfing Bar (BEEB) that had formed on the EURJPY daily chart that was looking to send price lower if price could confirm the signal and break the low of the BEEB. You can find the original post here; EURJPY Fires of Bearish Engulfing Bar. Price did …
