Daily Price Action
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Category Archives for Free Forex Trade Setups

GBPCHF Approaches Key Inflection Point

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GBPCHF daily forex chart

Want more price action setups? Join our Exclusive Member’s Community We’re going to kick off today’s commentary with a pair that has a lot of bullish momentum at its back going into a major level. In fact levels don’t get much more significant than this. GBPCHF recently broke out of a wedge, which we actually traded in the […]

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USDSGD Potential Head and Shoulders Pattern

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USDSGD daily forex chart

Want more price action setups? Join our Exclusive Member’s Community I’m starting today’s commentary with a pair that I don’t talk about often. Like most USD pairs, USDSGD has been in an uptrend for some time now. In fact you have to go all the way back to June of 2014 to find a period of time when […]

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Weekly Forex Forecast (January 12 – 16, 2015)

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GBPAUD daily forex chart

Want more price action setups? Join our Exclusive Member’s Community We have a few really nice setups and potential setups to talk about for next week, so let’s jump straight into it. First up is GBPAUD. The pair continues to move within an ascending channel that began in September of last year. Both levels of channel support and […]

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GBPNZD Shorts Favored Below 1.9360

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GBPNZD daily forex chart

Want more price action setups? Join our Exclusive Member’s Community GBPNZD continues to carve out new lows on the back of the wedge break that occurred on January 6th. Since breaking that support level, the pair has lost more than 400 pips. We were initially watching 1.9618 and 1.9360 for support, however neither level produce much buying. In […]

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GBPJPY Key Levels to Watch

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Want more price action setups? Join our Exclusive Member’s Community We kickoff today’s commentary with GBPJPY, a pair that has experienced a landslide in price recently. Since the start of 2015, the pair has lost more than 700 pips in four short days. Given the extreme bearish pressure that continues to plague the pair, it’s questionable whether or […]

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