AUDUSD

Australian dollar clearly appreciated during last two sessions. Aussie is close to important resistance and if decreases want to be continued this level should be respected. For now I will look for Price Action sell signals on D1 chart, but if this level will be broken we should turn to looking long positions during re-test from above of earlier resistance. Then I will look for signals on H4 chart, because it is consistent with momentum on this pair.

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

AUDUSDDaily-22-11-2015-1024x501

EURCAD

On this pair we spotted buy signal In my opinion resistance is to close and it is not profitable to open this position. Stop Loss is 90 pips and Take Profit is 170 pips, it is not my minimal RR.

EURCADDaily-22-11-2015-1024x501

EURJPY

This pair broke support and daily candle closed below this key level. It changes sentiment to bearish and I will look for opportunity to open short positions. It can show up during bullish correction, it will be perfect moment to watch H4 chart.

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EURJPYDaily-22-11-2015-1024x501

GBPCHF

All the time I wait for deeper correction on this pair. Trend is clearly bullish so I wait for some signal showing up.

GBPCHFDaily-22-11-2015-1024x501

GBPUSD

On this pair I missed buy signal. It showed up on Wednesday on daily chart and if I would opened this it would be already closed on 50% and the rest would be secured at BE.

USDCHF

On Friday there was break out of Inside Bar, but it wasn’t perfect. This is why I don’t open position for now. Maybe price will drop again to support area and there will be better signal.

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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.