About Chris Capre

Chris Capre (Head Trader - 2ndSkiesForex) provides weekly forex, stocks, futures, commodities, and CFD trade setups, trade ideas, technical analysis and market commentary. Chris Capre uses his core models of trading price action context, the order flow behind it, and the ichimoku cloud. We have free market commentary published on our site every Sunday or Monday, while we offer daily trade ideas and price action analysis 4x per week for the members of our price action course. To learn more about becoming a member, click here.

Weekly Price Action Setups & Trade Ideas | Sep 23 - Sep 28

gold-eur technical analysis 2ndskiesforex

Chris Capre’s current live open trades: EURCHF, USDMXN, BIR, TLS

NOTE: Have you heard about the peak performance trading program we’re doing using biodata and AI? Click here to learn more.

NZDUSD – Second Re-test of Key Resistance (Daily chart)

Price Action Context

After breaking through the weekly support zone (0.680-0.685) in the end of June, the pair has continued to sell off further, with plenty of room before reaching the next closest support level.

Trending Analysis

The LT trend started off with little volatility but has since gotten more volatile whilst still respecting key zones well. Bias clearly bearish both LT & MT and the current pullback offers potential shorting opportunities to bears.

Key Support & Resistance Levels

... Keep reading