The chance of Brexit is a little smaller and I am curious of pound reaction for this fact. All the time uncertainty is present and volatility on the markets connected with GBP can stay.

EURAUD

I wait all the time for sell signal during the test of earlier support – current resistance. On D1 chart we can notice Pin Bar candle and we can consider it as a sell signal. Then it should be secured at next support and Take Profit will be at next support 600 pips below opening price.

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EURAUDH4-2-21-2016-1024x500

EURCAD

Still active buy limit order here. Price is not far enough from 50% retracement to cancel it.

EURCADDaily-2-21-2016-1024x500

EURJPY

Another round of opposite signals. It broke key support and now we can look for shorts consistent with strong bearish trend. The opportunity will be during re0test of mentioned level from below and Price Action sell signal showing up.

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EURJPYDaily-2-21-2016-1024x500

EURUSD

Another buy signal here. Clear Pin Bar on support and we are ready to set buy limit order on 50% retracement. Parameters of the transaction are 50 pips of SL and 250 pips of TP.

EURUSDDaily-2-21-2016-1024x500

GBPCAD

After breaking support there was quite strong bullish correction which led price to resistance. If sell signal will show up on D1 or H4 chart we can consider shorts consistent with the momentum.

GBPCADDaily-2-21-2016-1024x500

GBPCHF

3rd session of opened short, however I decided to close this position before weekend because of Brexit talks. Probably it was right decision because GBPCHF could strengthen in beginning of new week.

GBPCHFDaily-2-21-2016-1024x500

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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.