AUDUSD

Aussie is all the time in the area of strong resistance and if there will be any clear D1 sell signal I will consider opening short position.

To open long position we need breaking this resistance and the next one which is only 90 pips higher.

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

AUDUSDDaily-4-17-2016-959x420@2x

EURCAD

On Friday I showed 4 possible signals on this pair. False break above showed up and considering strong bearish trend we could open short position above support. However Stop Loss would be more than 150 pips an Take Profit less than 400 pips so for now I will let it go.

EURCADDaily-4-17-2016-959x420@2x

EURJPY

This pair is getting close to the support. Trend is bearish, but if there will be any Price Action buy signal on D1 chart we can consider opening long position.

EURJPYDaily-4-17-2016-959x420@2x

GBPAUD

This pair is in strong bearish trend and it broke support, now we just have to wait for bullish correction. I watch H4 chart and wait for reaching mentioned level which should now become a resistance.

GBPAUDH4-4-17-2016-959x420@2x

GBPCHF

Sell signal on H4 chart. Currently price is close to Stop Loss but today there may be a possibility to enter it with RR 15:1. It is worth taking a risk.

GBPCHFH4-4-17-2016-959x420@2x

USDCAD

I had short on Loonie, but Pin Bar high was a little broken and it was closed on Stop Loss. I assume that some of you can still have this position opened because break was only few pips long.

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USDCADH4-4-17-2016-959x420@2x

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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.