Posts by Joe Wright

Both Ways on NZDJPY

NZDJPY has had some great setups. Last week and mentioned one and this week I have more for you. NZDJPY In last weeks post I mentioned a short trade I took from supply and showed where price ended up which was at weekly support. As I continued to monitor price, a reversal looked likely so…

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Big Rally On The Pound

Last week saw a big rally on the pound and it was a move I’d been waiting on for a while. I’ve got the breakdown here as well some other trades I’ve been holding on to. GBPUSD GU has been in an uptrend for some time now and although we’ve seen periods of consolidating and…

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Weak Dollar

There has been a lot going on in the news recently with the US and what the president has been saying and doing. These things can have an impact on currency prices but what are the charts saying? The news can give insights but the charts are still the best. Here are some charts indicating…

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Aussie on The Rise

The Aussie has rallied from demand levels on the daily over the past few weeks and here’s some analysis on the moves. AJ After falling from daily supply, price hit daily demand and could not move lower. We saw a H4 reversal pattern start to emerge and so I just needed confirmation. And here was…

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AU Falls From Key Resistance

AU has been on the watch list for a while now after it hit a key level a few weeks ago. It recently made the move we were looking for so I’ve got the breakdown for you now. AU Price hit a resistance level on the weekly and had trouble break above daily supply. The…

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NU Falls

I’ve been watching NZD for the past few weeks with the premium members and we’ve recently seen some activity that we could take advantage of. I’ve got some of the details here for you. NZDJPY Price has been rejecting a weekly resistance level which also has daily supply around the level. We continued to monitor…

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Supply Holds On the Pound

The Pound has had a big bullish run recently and it’s hit some key levels on a number of pairs. I’m going to talk about a couple of them in this post. GJ GJ rallied up over 1000 pips in it’s most recent bullish push and it hit a level I was interested in being…

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AU Push From Demand

A few weeks ago AU dropped into demand and after hovering around the area for a while it finally made a move up. AU Price dropped into a key demand level but there was a supply level standing right above. Price tested the supply level and came back to demand. When it came back it…

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NU Pushes Up From Demand

We’ve seen some great moves in the markets recently and that has continued yet again. At the end of last weeks post I talked about analysis on NU and this week I’m going to highlight some details on that pair. NU Price dropped into daily demand so I was looking for opportunities to buy. The…

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Big Shorts As The Pound Rolls Over

Last week I talked about the drop on AU and that ended up hitting demand as planned. I’ll update you on that as well the action from the pound. AU I talked about the AU short I spotted last week and if you missed it you can find it here. The move continued as planned…

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