AUDUSD

AUDUSDDaily-1-pazdziernika-2015-1024x501

Getting closer to resistance and 21-period EMA. It is very good level to look for short positions. I will observe H4 chart to look for some Price Action signals.

GBPAUD

GBPAUDH4-1-pazdziernika-2015-1024x501

This position was opened in the middle of September and was secured quite fast. With 60 pips of SL it already was giving 500 pips of profit, but unfortunately resistance wasn’t tested and 50% of position was closed on BE.

GBPCAD

GBPCADDaily-1-pazdziernika-2015-1024x501

This pair is testing quite important support. Trend is still bullish so it is worth to look for buy signals on H4 or D1 charts. You can invest on Forex market using XM broker.

GBPUSD

GBPUSDDaily-1-pazdziernika-2015-1024x501

No rebound possibility on Cable. Price is below support and next to it there is another one which gives possibility of another 500 pips down.

USDCAD

USDCADDaily-1-pazdziernika-2015-1024x501

It looked like situation here is clear. After breaking resistance it should become support. However yesterday it was broke and currently it is not possible to tell when to play on this pair. We should just wait for better situation.

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

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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.