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Category Archives for Free Forex Trade Setups
EURUSD Bulls Live to See Another Day
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By Justin Bennett - / January 20, 2020
The EURUSD started Monday with more losses.
We saw the single currency slide past Friday’s low of 1.1086 before carving a low of 1.1076.
The latter (1.1076) should sound familiar to frequent readers of this site.
Continue ReadingEURCAD Ready to Move Lower?
- By Justin Bennett
- / January 20, 2020
The EURCAD looks ready to resume its downtrend.
We saw the pair’s ability to move lower in late June and early July of last year.
The same was true between August and September when the EURCAD lost over 500 pips.
Continue Reading(Video) Weekly Forex Forecast for EURUSD, GBPUSD, EURJPY, EURNZD, XAUUSD (January 20 – 24, 2020)
- By Justin Bennett
- / January 18, 2020
The EURUSD ended last week at a critical support area.
We have discussed this region between 1.1070 and 1.1080 for weeks now.
Notice how it’s the intersection of a key horizontal level that dates back to July of last year and ascending channel support from the 2019 low.
Continue ReadingEURGBP: Bullish or Bearish Next Week?
- By Justin Bennett
- / January 17, 2020
On January 13th, I pointed out a potential EURGBP reversal.
The idea hinged on the 0.8590 horizontal level.
A daily close above that level would set the pair’s sights on 0.8680 and perhaps even 0.8800.
Continue ReadingGBPUSD Carves Bearish Signal Above Key Level
- By Justin Bennett
- / January 17, 2020
I wrote about the GBPUSD on January 10th.
I’ve also included the pair in every Weekly Forex Forecast, including the latest video on January 11th.
The idea behind my recent GBPUSD posts and videos is that the pair needed more time to reset itself.
Continue Reading