The USDJPY has been winding up for the last few days. When we see price consolidate and wind up with consecutive inside bars the chance for a hard and fast breakout becomes high. Price has been moving lower over the last few weeks and traders looking to trade the USDJPY should be looking to trade …
Price Action Charts in Focus
AUDUSD Closing in on Long Term Support
The AUDUSD has fallen of a cliff lately and moved lower with very little retrace higher. Price has now closed in on long term support. We could see a bounce higher or price stall at this level. Traders were tipped of to this move by a Pin Bar at the top of the fall. AUDUSD DAILY …
EURAUD Fires Pin Bar
The EURAUD has fired of a Pin Bar on the 4hr chart. This setup has been covered by Johnathon in the members forum. If Price can break higher a move higher to the recent candle highs would look likely. If price however fails and moves lower a new move lower to recent lows around 1.2590 could be on …