AUDUSD
Aussie breached local support and when bullish correction will show up it will be great opportunity to open short positions after re-test form bottom of mentioned level. It will be worth to look for some Price Action patterns from H4 or daily chart.
EURJPY
Yesterday there was a buy signal on EURJPY. It was Outside Bar on H4 chart. However the price did not dropped to 50% retracement, therefore I didn’t opened the position. Now we have to delete this order because price went too far from theoretical enter level.
GBPCHF
There is buy signal on this pair. Price fell under support just to come back above quickly. There is Pin Bar created and on 50% retracement I set buy limit order with 50 pips of Stop Loss and 200 pips of Take Profit.
GBPJPY
Daily candle closed below local support, so the trend is bearish right now. It is worth to look sell signals on H4 chart if there will be correction to mentioned level. You can start using Price Action and invest on Forex market using XM broker.
GBPUSD
Similar situation on Cable. Downtrend, if there will be correction I will look for short positions. If the price will fall to strong support and there will be buy signal on D1 chart, it will be worth to look for long positions.
USDCAD
Loonie is testing strong resistance. Trend is clearly bullish so looking for short positions doesn’t make much sense. It is better to wait for breaching this level and then re-test from above, which gives opportunity to open position with small stop loss, according to trend.
