AUDNZD

AUDNZDDaily-17-wrzesnia-2015-1024x516

Since June the pair is closed in wide consolidation range. Currently it is getting closer to upper border. If there will be any Price Action signal on daily chart, it is worth to open shorts.

If this level will be breached, it can be sign of bigger gains and re-test from above can be a signal to go long.

AUDUSD

AUDUSDDaily-17-wrzesnia-2015-1024x516

This pair is in very strong downtrend but currently it is in correction. If there will be sell signal close to resistance you can thing about opening shorts – from daily or H4 chart.

EURAUD

EURAUDDaily-17-wrzesnia-2015-1024x516

This pair is also gettong closer to major support. You should observe price behavior and go long if there will be buy signal. Of course you have to remember that you shouldn’t open too many positions with one currency.

GBPAUD

GBPAUDH4-17-wrzesnia-2015-1024x516

Here we can see buy signal – Pin Bar. I will set buy limit order with 50% retracement of this candle, SL will be 90 pips and target will be on resistance – more than 600 pips.

GBPJPY

GBPJPYH4-17-wrzesnia-2015-1024x516

GBPJPY is close to important level. If there will be sell signal with small stop loss, we can open short positions and the target will be going back to support.

If you are interested in Price Action Description, you can read it here.

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