AUDUSD

AUDUSD falls since mid-April, however it still should be treated as a corrective move of broader increases. Thus we look for long opportunities – such one may occur after a test of strong support were price finally reached. I will observe the further price behavior and if PA buy signal shows I will open long position.

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GBPCAD

On Friday I wrote about purchase signal, which took a form of pin bar candle. Week closed with even more visible signal and if someone still did not open long position, this is the best moment to do so.

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

USDCAD

I still wait for sell signal here, which sticks to the main trend. After last test of the resistance it did not show up, so the current upward correction may have brought the opportunity to go short.