AUDNZD
Pair is testing strong resistance again. If there will be any sell signal we can consider opening shorts. However if bullish trend will stay and daily candle will close above resistance we can look only for longs.
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EURAUD
Pair gave good sell signal however correction was not big enough to open position. Sell limit order is deleted because price moved away more than twice from planned entering position (more than 200 pips) then Stop Loss which is only 75 pips.
EURJPY
Bullish correction on this pair reached 50% retracement of pin bar (marked green). We can consider opening short position with target on closest support (140 pips) and SL of 80 pips. Unfortunately RR lower than 2:1 doesn’t let me open that position.
GBPCAD
This is a pair which can give us some nice sell signal. Trend is without doubt bearish so I only look for opportunity to open short position. Yesterday I opened short position on 50% retracement of Monday’s pin bar. Currently there is another test of this area and you can also open this position.
USDCHF
I hit SL on this pair yesterday. Opening position after Friday’s pin bar looked like a good decision but price broke above it and formed another pin bar. My short is closed with the loss. It seems that we can consider another short position.
USDJPY
Pretty nice signal to open short over here. Price tested resistance and decreased creating pin bar. SL is about 70 pips and TP is 400 pips. It is truly interesting position to open.