USD/CAD Trade Setup: Pending Confirmation
USD/CAD is one of the pairs I am monitoring for a trade signal confirmation. The price has been trading in a sideways range and recently pushed...
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Trade Setup: NZD/CAD Open For Further Upside
From earlier posts, EUR/NZD and AUD/NZD Trade setups reached full targets, while Palladium stopped out. Trade Setup : NZD/CAD Broke Resistance And Ready to Rise NZDCAD...
GBP/USD Technical Analysis: Remains Positive
The GBPUSD short to medium term trend has been up. As the price managed to form a positive configuration of higher highs and higher lows on...
EUR/USD Technical Analysis: What's Next?
The EURUSD rally from 1.0879 low recorded in October first was interrupted just below the 200 days simple moving average(in blue color). Precisely at 1.1180-1.1165 resistance...
The EURCAD Completed a Bullish Breakout
From the prior trade setups post, the AUDNZD trade setup remains in play and in positive territory, while the Palladium was stopped out for a 2...
Trade Setups: AUD/NZD Double Top, EUR/NZD and Palladium Bearish Resumption
Trade setups for today: AUDNZD completed a topping pattern. Palladium retest process probably completed.
Trade Setups: EUR/CAD Short Confirmed While AUD/USD Pending..
Trade setups for today: EURCAD retest of horziontal resistance rejected. Meanwhile, AUDUSD awaiting the RBA decision.
Chart Watch: USDJPY Decision is Near!
The chart watch posts are meant to alert traders for chart patterns, support & resistance and candlestick patterns. Chart watch posts are not trade ideas and...
Is Forex Trading Easy?
I am extremely amazed by this question, and here is my answer.
Trade Setups: Crude Oil at Resistance Cluster!
Three Trade Setups for today: GBPCAD ABCD potential reversal zone rebound. AUDNZD bullish breakout and Crude Oil cluster of moving averages form resistance.
How to Trade the Three Drives Pattern : A Concise Tutorial
The Three Drives pattern is one of the most powerful setups and one of my personal favorite chart patterns. The pattern is also self sufficient, it...
Chart Watch: Gold Major Doji Defines Short-term Trading Range.
Major long-legged doji candle defines Gold's trading range. And more chart alerts, check them out.
Chart Watch: GBPCAD Reaches Potential Reversal Zone!
EURUSD multiple dojis, while GBPUSD and GBPCAD at Juncture. And more chart alerts, check them out.
Luay Afouneh (Technician)
Market Analyst
When I started to learn trading more than 10 years ago, I was extremely confused. I didn't know what to read and who to trust, given all the commercial material out there, which I believe account for the vast majority of the online educational material. I found my way through this and made my own research to have my personal conclusions, while continuing to learn. I always remember that feeling. I decided to provide free valuable and hardly gained content to people who need it.
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