Daily Price Action
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Category Archives for Daily Forex Setups

NZDCAD: Keep an Eye on 0.8770

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NZDCAD 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. On June 9th, I wrote about an NZDCAD short opportunity. The pair was in the process of breaking below ascending channel support. Sellers had also defended the 0.8870 […]

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GBPCAD Approaches 1.6600 Target

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GBPCAD key support 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. I alerted readers to a GBPCAD short idea on June 4th and again on the 7th. The pair had broken consolidation and also closed the day below channel […]

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EURUSD Tests Range Highs at 1.1410

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EURUSD key levels

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. On Sunday I wrote about the possibility of a 1.1410 retest for EURUSD. You can see where this level served as resistance in February and March. Tuesday’s session […]

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USDJPY Holds Below 107.60

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USDJPY new 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. Just last week we looked at USDJPY. More specifically, we were watching to see how the 108.70 region would hold up as new resistance. As you can see […]

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EURCAD Shorts Favored Below 1.5000

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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 cracked a massive support level yesterday. But this wasn’t a surprise. I wrote about EURCAD back on May 21st. In that commentary, I mentioned how a daily […]

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