AUDUSD

Sell signal on Aussie. After another test of resistance big downward candle showed up. It is an Outside Bar and we can open shorts on 50% retracement. If pair will come back to decreases we can set target on low from mid-January (350 pips) but secure it and close half of position after reaching next support.

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

AUDUSDDaily-28-lutego-2016-1024x500

EURAUD

After Pin Bar signal from last Tuesday position was opened and currently brings 100 pips of profit. It is still not enough to secure it. Take Profit is more than 400 pips.

EURAUDDaily-2-28-2016-1024x500

EURCAD

Canadian Dollar is getting stronger really fast in pair with oil price. So far it is hard to deduce if it will be lasting change of sentiment but EURCAD already changed to bearish. Breaking key support should end with further decreases and every bullish correction should be used to open shorts.

EURCADDaily-2-28-2016-1024x500

EURUSD

Sell signal on Eurodollar. Clear Outside Bar and support broken. It can end with continuation of decreases and test of the support.

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

EURUSDDaily-2-28-2016-1024x500

GBPJPY

This pair can test resistance soon. If there would be any Price Action sell signal on H4 or D1 chart, we can open shorts.

GBPJPYDaily-2-28-2016-1024x500

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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.