AUDNZD

So far Monday’s signal is working good. First there was correction which let entering position with smaller SL of 50-70 pips and then price started to rise getting close to first resistance. It gave already 180 pips of gain which is quite good. The most important resistance is still 300 pips higher.

If you are interested in Price Action Strategy description, you can read it here.

AUDNZDDaily-6-7-2016

EURJPY

Pair decreased below key support and then came back above it. It is false break and there should be some gains in near time.

EURJPYDaily-6-7-2016

GBPAUD

Very strange situation over here. Quick gain and then depreciation below support level. If session will end this way it will be strong sell signal with possibility of decrease about 600 pips.

GBPAUDDaily-7-6-2016

GBPCHF

Similar situation over here but pair is already below support and we can look for enter position from H4 chart too.

YOU CAN START USING PRICE ACTION AND INVEST ON FOREX MARKET USING FREE XM BROKER ACCOUNT.

GBPCHFDaily-7-6-2016

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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.