by Justin Bennett ·
by Justin Bennett  · 

April 10, 2014

April 10, 2014

Not much happening in the market today in terms of valid price action setups. However, the two pairs below continue to show clear support and resistance levels at which we can watch for future price action setups. From my post on Tuesday, we did see the AUDNZD make an impressive move higher today, closing above

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by Justin Bennett ·
by Justin Bennett  · 

April 8, 2014

April 8, 2014

The EURCAD has put in two consecutive inside bars this week. With the immediate trend down, I wouldn’t be surprised to see price test the 1.49 level before we see the larger uptrend resume. There’s no price action trade at the moment, but this pair does have some interesting levels to watch for the near

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by Justin Bennett ·
by Justin Bennett  · 

April 7, 2014

April 7, 2014

The AUDNZD has been stuck in a range for a while now, and if the 1.09 level is going to be retested, it may come from a bounce off the 1.074 level. It’s a game of sit and wait at the moment, but the 1.074 level could prove to be a level of increased demand.

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by Justin Bennett ·
by Justin Bennett  · 

April 4, 2014

April 4, 2014

I put up a chart of EUR/NZD based on yesterday’s price action, and today we got the expected move to the downside. I really thought we’d get a more pronounced pullback, but the bears were in control from the start…

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by Justin Bennett ·
by Justin Bennett  · 

April 4, 2014

April 4, 2014

The EUR/NZD was unable to gain enough push to overcome the key 1.606 level yesterday, forming a nice pin bar on the daily chart. I suspected that we would’ve seen a pull back before the big drop, but sometimes pin bars at levels like this don’t see a pull back. I think we’ll see some

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