Gold has broken a key price flip area on the daily price action chart and is now looking to make a break lower into the next support level if it can gain momentum lower. After Fridays session price closed below the key daily support level. This close below the support level was crucial because it …
Price Action Charts in Focus
USDCAD Pin Bar Pays Off | 10th Oct 2013
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 …
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 …
