Daily Price Action
Shares

Category Archives for Free Forex Trade Setups

NZDUSD Trying for a Double Bottom

Shares
NZDUSD double bottom on the daily chart

Want more price action setups? Join our Exclusive Member’s Community Yesterday was a wild ride for price action on the back of an eventful FOMC statement. I had previously mentioned that this event in particular would be more volatile than others in recent past, and with EURUSD seeing its largest rally in six years, I would say the […]

Continue Reading

Key Levels to Watch Ahead of Tomorrow’s FOMC Statement

Shares
USDCAD daily forex chart

Want more price action setups? Join our Exclusive Member’s Community In terms of key events to keep on your calendar, the FOMC statement and following press conference have always ranked in the top 3 in terms of producing increased volatility. However tomorrow’s FOMC promises to be even more volatile than usual given the speculation surrounding a possible rate […]

Continue Reading

Weekly Forex Forecast (March 16 – 20, 2015)

Shares
GBPCAD 4 hour forex chart

Want more price action setups? Join our Exclusive Member’s Community I’m expecting a bit of a slow start to the upcoming trading week as the calendar looks pretty slim for Monday. Tuesday begins to show more promise for volatile markets, but the real fireworks are scheduled for Wednesday in the form of an FOMC statement at 2pm EST. […]

Continue Reading

USDCAD Setup Hinges on Canadian Employment Data

Shares
USDCAD daily forex chart

Want more price action setups? Join our Exclusive Member’s Community On Monday I released commentary about the bullish inside bar that had formed on the USDCAD daily time frame. So far this setup has worked out beautifully, hitting our first target at 1.2800 on March 11th. This level is represented by the January 30th high, but more importantly […]

Continue Reading

CADJPY – The Next Domino to Fall?

Shares

Want more price action setups? Join our Exclusive Member’s Community The Yen pairs have slowly started to fall off over the past several weeks. It started with the EURJPY in late February. Then came GBPJPY and NZDJPY late last week. Last but not least, AUDJPY saw a 120 pip decline yesterday. This was also a pair that I […]

Continue Reading