AUDNZD
Pair is getting slowly to lower band of wide consolidation in which it is for more than 3 months. It is worth to observe price behavior and look for Price Action buy signal on daily chart.
EURAUD
Pair is breaking key resistance which was stopped for 7 times on D1 chart. Perfect scenario will be:
-close of daily candle above resistance;
-correction to mentioned earlier area;
-buy signal on H4.
Then you can open long positions, its direction will be consistent with trend and momentum.
GBPCAD
Pair is near support area. If it will drop even lower maybe there will be buy signal which will be consistent with trend on this pair. You can start using Price Action and invest on Forex market using XM broker.
GBPCHF
About this signal I was writing on Monday (here) and position could be opened. Unfortunately I didn’t decided to do that, that’s a shame because this position could bring 3% of profit.
GBPJPY
Pair is getting closer to the support. If it will be broken it will be great chance to open short positions consistent with the trend. However, if there will be clear buy signal on D1, you can consider go long.
GBPUSD
Cable is also on the support. Here is the same situation as in pair before, but buy signal can show earlier.
USDCAD
On Loonie there was sell signal, I wrote about it on Friday (here). However I didn’t opened this because it was against strong bullish trend. As you can see it is worth to play with trend because it would have ended with stop loss. Now it is worth to wait for bearish correction to support area and open long position on H4 or D1 chart.
