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  • EUR/AUD (H1): Back again into consolidation            
  • Forecast: Two pin bars above range lower band suggest further increases
  • Alternative Scenario: Breaking below consolidation and deepening the losses  
  • Comments: Price has lots of space for further increases      
  • Payout: CALL @ 1.5600 à 77% return expiring at 23:30GMT

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Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.