Daily Price Action
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Category Archives for Free Forex Trade Setups

Price Action Setups – AUDNZD and EURAUD

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price action setup on audnzd

AUDNZD was unable to break the upper limit of the range this week. Price action is fast approaching the 1.073 level, which has served as a key level since December of last year. The EURAUD  made an interesting move today, breaking the 1.484 level. Although the recent trend is down, the larger trend has been […]

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Price Action Setups – GBPUSD and GBPAUD

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gbpusd price action chart

The British Pound was finally able to close above the 1.68 level today. Although there’s no real price action for us to trade, we can look for a retrace into support for a price action buy signal. Let’s see what we get the rest of this week. The GBPAUD is trying to recover from recent lows. […]

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Price Action Setups – AUDNZD and NZDJPY

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nzdjpy price action setup chart

Not a lot of price action today. However, the AUDNZD is still range bound as it’s capped by the 1.09 level. A break to the upside may provide quite a bit of room to run. We might see some price action this week that would indicate whether the AUDNZD is ready to break this range, or […]

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Price Action Setups – AUDUSD, AUDNZD and NZDJPY

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price action setup audnzd chart

AUDUSD pulled back last week from recent highs. If the pair is to continue higher, I would expect immediate support in the .93 area. A price action buy signal such as a pin bar from this level would create an interesting setup. As always, we’ll have to remain patient and watch how the market unfolds. […]

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Price Action Setups – GBPJPY and AUDUSD

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price action pin bar on gbpjpy

GBPJPY put in a daily pin bar off the bottom of a wedge that’s been forming since last year. The pair also managed a pin bar on the 4 hour chart, which I posted earlier. If the pair can maintain this wedge formation we may see price test the upper boundary around 172,50. Immediate resistance […]

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