AUDNZD

AUDNZDDaily-30-pazdziernika-2015-1024x501

Pair is testing Wednesday’s low and it looks like further decreases are just a matter of time. If decreases will be deepened and daily candle will close below support, it will be worth to look for short position.

EURJPY

EURJPYDaily-30-10-2015-1024x501

There is very large candle with long lower wick on this pair. We can assume that this is a Pin Bar and buy signal. However I have serious doubts if this signal can lead to test of resistance which is 200 pips above. Also I already have another position opened with yen.

GBPJPY

GBPJPYH4-30-10-2015-1024x501

I just noticed that on Wednesday there was buy signal on this pair. I hope some of you have opened this position because it already would be closed on 50%.

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NZDJPY

NZDJPYH4-30-10-2015-1024x501

This is my opened position with yen. Practically from the beginning it is making profit and I just have to wait. TP is about 60 pips higher than current price.

USDCHF

USDCHFDaily-30-10-2015-1024x501

I wait for buy signal on this pair. Currently new support is tested from above (earlier it was a support) and if there will be any Price Action signal on H4 or D1 chart, I will open long position. Very similar situation is on GBPCHF.

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

USDJPY

USDJPYDaily-30-10-2015-1024x501

Pair is closed within consolidation and currently it rebounded from upper band. If there will be sell signal near it and RR will be at least 2:1 we can consider opening sell position.

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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.