Daily Price Action
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Category Archives for Free Forex Trade Setups

Price Action Setups – EURCAD Forms Back to Back Inside Bars

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forex price action daily setup

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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Forex Trade Ideas – AUDNZD and USDJPY

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audnzd trade ideas levels to watch

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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EUR/NZD Showed its Hand Today…

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eurnzd forex trade setup

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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EUR/NZD Showing a Nice Daily Pin Bar Off Key Level

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eurnzd pin bar off key level

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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