GBPUSD Pushes higher from Key Support

There was a classic Cup and handle Trade Setup on the GBPUSD which was broken to the long side on the 8th of April. Price came back to that Key support, gave off a Pin bar which has triggered a bullish move on the GBPUSD. This means we are in for continued bullish pressure on this pair.


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AUDNZD VALIDATES CHANGE IN TREND

AUDNZD which had hitherto been on an extended bearish run now seems to have found a new path in its recent rally. Expectations are now for more bullishness in the coming weeks.


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My Price action Trade Technique has been upgraded with the introduction of an equally simple but very effective Trade Setup called the CUP Trade Setup.

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USDCAD False break/Cup Trade Setup

USDCAD made a break to the downside previosuly from its trade Setup on the 1st of march but the move southwards has stalled as the pair now presents a failed bearish break with a new Cup and Handle Trade setup indicating that price could head north.


Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

My Price action Trade Technique has been upgraded with the introduction of an equally simple but very effective Trade Setup called the CUP Trade Setup.

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CADJPY pick of the day April 19, 2014

CADJPY looking to make fresh bullish surges based on the prevailing cup trade setup as indicated above



. Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme  to experience the simplicity of trading Price Action with me.

My Price action Trade Technique has been upgraded with the introduction of an equally simple but very effective Trade Setup called the CUP Trade Setup.

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NZDJPY smart money Trade

Markets Price Action and Trade Setups: THE WEEK AHEAD March 17 - March 21 , 2014. USDCAD, NZDUSD, NZDJPY, GBPUSD, EURAUD,

EURAUD bounced off resistance and looks likely to bounce again, off the support as indicated above. A Pin bar at that zone would be the trigger.

GBPUSD triggered for more bullishness at the close of trading on Friday and this scenario should propel the pair higher in the new week.

NZDJPY is set to trade lower within this week as price hit resistance and gave off a outside bar in the process. 
 

NZDUSD has hit a critical point in its recent bullishness. Price could set-off lower early in the week.

USDCAD still hovers around its resistance zone as price hesitates to break through. Given this scenario, It is expected that the bears would have an upper hand at this zone.


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Markets Price Action and Trade Setups: THE WEEK AHEAD March 10 - March 14, 2014. EURGBP, NZDCHF, GBPAUD, AUDCHF, GBPNZD

GBPNZD broke below support as iit pulled lower. This break is expected to play out as a false break therefore, traders would be looking to fade the break. At the moment, the expected bullishness is supported by friday's candle close. The bullish trigger should be traded when it appears withing the week.

 AUDCHF should remain bearish in the new week after we saw price rotate higher most of last week.

EURGBP has continued to pull higher after a bullish trigger was spotted within the previous week.As price now approaches the resistance zone, we would wait to see if the more dominant  bearish trend would continue.

GBPAUD is within its support zone and the pair could pull higher within the week/month. We however, still will be on the look out for a valid trigger setup.

NZDCHF had been expected to be bearish in the previous week but price traded higher instead. However, the pair still carries a bearish bias and ma have resumed its selloff as a result of the Pin bar seen on t=Thursday 6th March.








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