AUDUSD

AUDUSD increases but for now we should assume this is just a correction. Resistance is near and there we can look for opportunity to open short position.

EURUSD

After Wednesday’s long black candle which closed below support (now resistance area) sentiment clearly changed to bearish. Here we could look for Price Action sell signals in the area of mentioned resistance. Now there is Pin Bar over there (not perfect though, but it is common) and on 50% retracement I opened order. Now it is losing a little, so there is still time to open short position.

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

GBPAUD

Pair was gaining lately after rebounding from support. Resistance is broken, now it is tested and if there will be rebound and Price Action signal, we can open long position.

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GBPUSD

On Cable there is new sell signal in form of big bearish candle which was created after rebound from resistance. We can consider opening short position on 50% retracement. SL just above resistance and TP in last low area.

USDCHF

Stop Loss here. I marked green candle where I entered position. Unfortunately SL was reached and there is new buy signal. Here I want to open long position.

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