EURAUD
Pair decreased a little below support, but all time it could be not enough to speak about further depreciation. It should be deepened or if the price will come back to mentioned level on H4 there should be sell signal which will turn support into resistance.
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EURCAD
Different situation on EURCAD where decreases are already confirmed and we can look for sell signals on H4 chart and enter short positions consistent with momentum.
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EURUSD
I fell some kind of satisfaction looking at EURUSD chart. Many investors were talking about gains but I said that there should be break of important resistance before we can speak about persistent appreciation. It was only touched and then happened real DROP. On D1 chart we can see sell signal – Outside Bar, however it wouldn’t be used because bullish correction was too small and it didn’t tested 50% candle retracement. This is how the position should be opened.
GBPAUD
GBPAUD rebounded from support but there is no buy signal. If pair will re-test mentioned earlier level, we can observe also H4 chart to look for buy signal (it wasn’t possible before because bearish momentum on D1 was too strong).
GBPCHF
On Thursday there was clear break above resistance which now should become a support. In case of testing this level from above, it is worth to observe H4 chart and look for long position.
GBPJPY
This pair is increasing quite definitely and now is above support area ( which is created by two lines on the screen). On H4 chart there is buy signal – Outside Bar – which can be used to open long position. It would have 60 pips of SL and 120 pips o TP.
NZDUSD
Here we can see nice buy signal on H4 which ended with TP (I hope some of you opened this position). Currently we should observe support level and open long positions when there will be buy signal.
USDCAD
Pair should go back to gains. Rebound from support, breaking resistance – it all gives good signals. If there will be bearish correction, we should look for opportunity to open long position on H4.
USDCHF
Pair is closed in quite wide consolidation and currently it is getting closer to higher band. If there will be sell signal on D1 chart we can consider opening short position.
