AUDJPY

I still wait or buy signal on this pair. Price is close to support, trend is bullish so opening long position is a good idea.

AUDJPYH4-29-11-2015-1024x501 (1)

EURCAD

Pair decreased below support and on Friday we saw strong bullish correction. Pin Bar candle was a fake sell signal and position ended with Stop Loss. However it looks like resistance is working and if there will be sell signal I will open short position.

EURCADH4-29-11-2015-1024x501

GBPJPY

Very strong support on this pair is still defending. For now there are no buy signals. In case of clear signal on H4 or D1 chart we can consider long positions.

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GBPJPYDaily-29-11-2015-1024x501

GBPUSD

Cable closed on the lowest level since April 2015. Trend is clearly bearish, so I won’t consider opening long position. If support will be broken I will wait for bullish correction and I will open short position.

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GBPUSDDaily-29-11-2015-1024x501

USDCAD

There is still active sell limit order on 50% retracement of Pin Bar on D1 chart. Price didn’t move away for more than 2.5x SL so I still wait for what will happen.

USDCADDaily-29-11-2015-1024x501

USDJPY

Buy signal on this pair. There is clear Pin Bar in support area and on 50% retracement I open buy limit order.

USDJPYH4-29-11-2015-1024x501

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Comparic.com Editor-in-Chief. Trading since 2004, professionally connected with Forex market since 2006. Fan of technical approach to the markets – currently focuses on Ichimoku Kinko Hyo and Price Action strategies. He focuses on favorable risk-reward ratio in his own transactions. Speaker at many conferences on investment in capital markets, as a lecturer he cooperates with the largest brokerages in Poland and in the world. Vice President of the FxCuffs Foundation – Education and Development of Financial Markets.