Category Archives for Free Forex Trade Setups

(Video) AUDCAD Bottom in Place?

Has the AUDCAD reached a short-term bottom?

Watch the video here to find out what I think.

On November 13, I pointed out a possible bullish scenario developing for the NZDCAD.

We were watching for a break above the 0.8500 confluence of resistance for a move into 0.8640.

EURUSD: Can Buyers Keep the Pressure on 1.1070?

The EURUSD has been trending higher nicely since coming off of 1.0990.

I wrote about the significance of the support area between 1.0990 and 1.1020 on November 8 and again on the 13th.

The pair even carved a bullish engulfing candle on November 14.

(Video) NZDUSD on Breakout Watch

NZDUSD buyers are refusing to back down this week.

I first wrote about the possible inverse head and shoulders on October 31.

We also looked at the pattern again in Saturday’s forecast video.

NZDCAD Buyers Aren’t Straying Far From 0.8500

On November 13, I wrote about how an NZDCAD bullish scenario might unfold.

In my opinion, it would have to start with a daily close above 0.8500.

It’s a confluence of resistance based on the intersection of a key horizontal level from August and descending channel resistance from March.

GBPUSD Consolidation Coming to an End?

The GBPUSD is testing a critical resistance level today.

The 1.2980 region has held as the range top since the pair closed above 1.2770 in mid-October.

I wrote about the 1.2770 support area on November 7.