No positions yesterday, however I opened one pending order. A lot of emotions on the market because main indices are close to collapse. We just need one session of decreases to S&P500 break the support and NIKKEI session (-5.40%) shows that something is going on. We can see more volatility on the currencies but also lack of clear trends (except yen) what gives us smaller tolerance of patterns and supports/resistances.

AUDJPY

Clear Outside Bar on this pair. I set sell limit order (it would already reach TP!) but I needed few pips more to realize it. That’s a shame, but it’s normal in trading.

EURUSD

You can see all emotions over here. Strong decrease to support and rebound in another candle. We cannot play this kind of situations. All the time pair is above support and we can consider opening longs after some buy signal.

GBPCHF

This pair is getting close to strong support. If there will be any Price Action buy signal on the D1 chart we can open longs. It is possible that in near time pair will be closed in side trend between support and resistance.

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NZDUSD

Kiwi is rebounding after strong decreases and last few session are full of gains. Currently bearish correction is lasting and price is getting to support. If there will be any buy signal I will open long position.

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USDCHF

Similar situation on this pair. Very strong support is now tested but we need signal on D1 chart to consider long positions.

USDJPY

Pair is at lowest since 2014 and further decreases are almost certain. There is similar situation like on last decreases in 2007/08. Technically looking we have to wait for bullish correction to earlier support (now resistance) and the open shorts.

There is also a chance that this is a false break and pair will come back above support. Bearish momentum is too strong to consider longs.