Daily Price Action
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Category Archives for Daily Forex Setups

EURGBP Clears 0.8930, Targets 0.9060

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EURGBP new 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. Last week I pointed out a significant resistance area for EURGBP. I mentioned the 0.8930 area again on Sunday. But given the way buyers were pressuring the region, I […]

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GBPCAD: Staying Short Below 1.6980

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GBPCAD breakdown

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 wrote about GBPCAD on June 4th and again on the 7th. The idea both times was simple. The pair had carved a massive ascending channel and was resting […]

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USDJPY Buyers Rejected by 108.70

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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 USDJPY is testing key resistance at 108.70 this week. I wrote about this level in the June 2nd weekly forecast. You can see where 108.70 served as a […]

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NZDCAD Technicals Point to 500 Pip Target

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NZDCAD bearish flag pattern

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 yesterday I wrote about a potential NZDCAD selloff this week. The pair had carved a bearish pin bar on the weekly time frame after failing to retake the […]

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GBPCAD Breaks Consolidation, Targets 1.6600

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GBPCAD breakdown 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. GBPCAD sellers came through in a big way on Thursday. I’ve written about this ascending channel pattern a couple times in recent weeks. Be sure to see my June […]

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