Daily Price Action
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Category Archives for Free Forex Trade Setups

AUDJPY Breaks Resistance, Looks Higher

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AUDJPY daily forex chart

Want more price action setups? Join our Exclusive Member’s Community Yesterday’s price action gave us some really nice setups to watch for the rest of the week. I’m saving the best for last this time with an NZDUSD setup that could provide us with returns over the next couple years. Yes, years… But first let’s run through an […]

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AUDJPY Trend Line Resistance in Focus

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AUDJPY 4 hour forex chart

Want more price action setups? Join our Exclusive Member’s Community It was fairly quiet across the Forex market yesterday due to the U.S. holiday. However we have two potential setups brewing in both AUDJPY and GBPUSD. Let’s start with AUDJPY. The pair has been moving within a broader, slow-moving uptrend since early 2009 when the market found support […]

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Weekly Forex Forecast (January 19 – 23, 2015)

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GBPAUD weekly chart showing a double top

Want more price action setups? Join our Exclusive Member’s Community We have a laundry list of great setups to go over for next week, so let’s jump straight into it. First up is GBPAUD. The pair has been trading within an ascending wedge pattern since September of 2014. The market looked quite strong during the last rally up […]

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EURGBP Shorts Favored Below .7690

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EURGBP daily forex chart

Want more price action setups? Join our Exclusive Member’s Community Today’s commentary starts with an update on EURGBP, a pair that was covered yesterday. For those who entered short based on yesterday’s setup, this next leg down could be an opportunity to pyramid. For others, it could be a chance to enter short. Yesterday I mentioned that we […]

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EURGBP Ready for the Next Leg Down?

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EURGBP monthly forex chart

Want more price action setups? Join our Exclusive Member’s Community We have two really nice setups to talk about today in EURGBP and GBPCHF. Let’s start with the bearish of the two – EURGBP. The pair has been in a holding pattern for the past several months after losing nearly 1,000 pips since August of 2013. During that […]

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