The week didn’t started good for Price Action system. Stop Loss was hit on AUDNZD. I still have one position opened on NZDJPY – it is open for 6 weeks now but swap is positive so it is not a problem.

AUDNZD

It looked like decreases were almost certain but resistance was broken and short position closed on Stop Loss.

EURAUD

Another pair with AUD didn’t manage to keep the level. Break above resistance seemed stable and sentiment was changed to bullish. However next 3 bearish sessions brought the price below it and we can again look for shorts.

GBPAUD

After sell signal pair reached local support. I set on green daily candles which confirmed the signal. If there will be any buy signal right now on D1 chart we can consider opening longs. In case of breaking below the support we can open shorts consistent with the sentiment.

USDCAD

It’s fifth daily candle which test resistance and does not give any signal of entering position. We just have to watch the Loonie and react if something will show up.