Category Archives for Free Forex Trade Setups

ETHUSD: Ethereum Reaches All-Time Highs; $3,000 Looks Reachable in Weeks

By Justin Bennett
/ January 19, 2021

I first wrote about Ethereum (ETH) on June 4th.

At the time, the cryptocurrency was trading at $243.

I also told Daily Price Action members that I was buying ETH in May of last year when it was just above $200.

Fast forward to today, and those initial buys are up 500%.

4 Comments

XAUUSD: Gold Positioned to Break Higher in 2021

By Justin Bennett
/ January 18, 2021

Gold (XAUUSD) continues to consolidate within a descending channel.

I usually write to you as a trader, but today, I want to take a different approach.

As Daily Price Action members know, I’ve liked XAUUSD higher since April 2020 when it was trading near $1,600.

My bullish gold bias hasn’t changed.

11 Comments

(Video) Weekly Forex Forecast for EURUSD, GBPUSD, USDJPY, XAUUSD, VETUSD (January 18 – 22, 2021)

By Justin Bennett
/ January 16, 2021

EURUSD broke below a key level last week at 1.2150.

I mentioned how this was a possibility in Tuesday’s commentary.

Friday’s breakdown opens the door to the confluence of support at 1.2000.

That’s the intersection of former range resistance and the May 2020 trend line.

7 Comments

ETHUSD: Ethereum Prepares for New All-Time Highs

By Justin Bennett
/ January 15, 2021

To say ETH (Ethereum) has performed well for us would be a massive understatement.

Ethereum was trading at $243 when I first mentioned it on this site.

That’s also when I was buying ETH.

I’ve since bought several pullbacks along the way, including the recent dip below $1,000 as I announced on Twitter.

3 Comments

AUDUSD Continuation Pattern Spotted

By Justin Bennett
/ January 14, 2021

The AUDUSD has been trending higher since March 2020.

This latest leg started in late October and early November when AUDUSD broke out from 0.70 support.

As I’ve said for weeks, the Australian dollar looks determined to reach 0.8100.

Note that 0.8100 was the location of the double top from late 2017 to early 2018.

6 Comments

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About Justin Bennett

Justin Bennett is an internationally recognized Forex trader with 10+ years of experience. He's been interviewed by Stocks & Commodities Magazine as a featured trader for the month and is mentioned weekly by Forex Factory next to publications from CNN and Bloomberg. Justin created Daily Price Action in 2014 and has since grown the monthly readership to over 100,000 Forex traders and has personally mentored more than 3,000 students. Read more...

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