Daily Price Action
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Category Archives for Daily Forex Setups

EURJPY Range to Offer Breakout Opportunity

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EURJPY daily range

Important: This site uses New York Close Forex Charts so that each 24-hour session starts and ends at 5 pm EST. These charts are essential for trading price action. The EURJPY has been range-bound for the better part of two months. As you can see, the pair has encountered buyers just below 121.00 while sellers have camped […]

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EURCAD Shorts Favored Below 1.4750

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EURCAD key resistance area

Important: This site uses New York Close Forex Charts so that each 24-hour session starts and ends at 5 pm EST. These charts are essential for trading price action. The EURCAD broke below a key level on July 3rd. I wrote about 1.4750 on June 19th. We were interested in this level following the break below wedge […]

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USDJPY Flirts With 108.70 Resistance

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USDJPY resistance level

Important: This site uses New York Close Forex Charts so that each 24-hour session starts and ends at 5 pm EST. These charts are essential for trading price action. USDJPY is testing a key resistance level today. I’ve written about the 108.70 area several times recently. You can see where it served as a pivot in January […]

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EURUSD Breaks Key Support, Targets 1.1110

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EURUSD ascending channel break

Important: This site uses New York Close Forex Charts so that each 24-hour session starts and ends at 5 pm EST. These charts are essential for trading price action. Just two days ago, we discussed a EURUSD short idea. At the time, the euro was trading above the confluence of support at 1.1250/60. You can see the […]

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EURUSD Rally Depends on 1.1260

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EURUSD ascending channel on the daily time frame

Important: This site uses New York Close Forex Charts so that each 24-hour session starts and ends at 5 pm EST. These charts are essential for trading price action. EURUSD is approaching a make or break area at 1.1260. I’ve mentioned this region several times in recent weeks. For one, it served as resistance for the euro […]

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