Free Forex Trading Signals ARCHIVED

9 Free Forex Trading Signals For June 12 – June 16 2017

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How did these setups play out?

Price action was not condusive to easy trading but a potential 365 pips were available
AUDCAD – Price collapsed through our downward trend line but as mentioned previously, horizontal support and resistance zones are where price will usually seek. Double bottom long for 140 pips.

AUDCHF – I’ve talked about basing above support or below resistance and how that sets up a break of S/R. Price broke resistance after basing for 95 pips

AUDUSD – Price didn’t have a deep pullback to work off the 192 pip move from the last week. However, a high flag at the top of a momentum thrust is another bullish sign. Price broke to the upside. Not counting the pip count for this potential trade as it would have been a difficult one to enter and previous price action of individual candlesticks did not give a trade indication.

CHFJPY – Trend line break, immediate rejection and then pivot candlestick. Nothing worth mentioning.

EURUSD – Early price action was slow and we did get the drop and bounce at the trend line the last 2 days of the week. Astute traders may have caught the spike on June 14 for a short trade intra-day. For swing traders….nothing.

GBPAUD – Price stayed below the lower side of the channel and simply ranged.

NZDCAD – Resistance held and price broke strong for 130 pips.

NZDCHF – Upside pop that was noted happened but price held at resistance. No trade.

NZDJPY – Resistance break but not convinicing. No reversal occurred. No trade.
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READ  Forex Trading Weekly Setups

AUDCAD

AUDCAD

AUDCHF
audchf

AUDUSD
audusd

CHFJPY
chfjpy

EURUSD
eurusd

GBPAUD
gbpaud

NZDCAD
nzdcad

NZDCHF
nzdchf

nzdjpy

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