AUDNZD

This pair is getting close to the support. Trend is bearish, but this level stopped decrease few times in December. If there will be any Price Action buy signal during test of the support we can consider opening long position. If it will be broken I will look only for shorts.

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AUDNZDDaily-1-7-2016-1024x500

AUDUSD

This pair is also getting close to the support. Yesterday one of levels was broke and now we have last band before further depreciation. If there will be any buy signal (only on D1 chart) I will consider opening longs.

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AUDUSDDaily-1-7-2016-1024x500

EURCAD

Yesterday I wrote about signal here, but price was rising without correction and I had to cancel my buy limit order. Just to remember if price will move away from limit order by more than 2.5x Stop Loss, I cancel it.

EURCADH4-1-7-2016-1024x500

EURJPY

Buy signal on this pair in shape of Pin Bar on the daily chart. I have some doubts about this position. Bearish trend is very strong, Stop Loss would have about 70 pips and resistance is about 200 pips higher. I will not open this positon because of that.

EURJPYDaily-1-7-2016-1024x500

EURUSD

Eurodollar after decrease below support is now testing it from below. If there will be any sell signal on both H4 and daily chart I will open shorts.

EURUSDDaily-1-7-2016-1024x500

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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.