Quite calm period on the markets. So far volatility is much smaller and it seems like traders are waiting for trend direction. Yesterday a little decreases on indices, but it seems too small to speak about going back to trend. Another days may be the most important. Price Action is still weak and unfortunately it gave back most of the profit. There are few positions opened so it can change, I also see some potential signals which I hope will end with balance increased.

EURAUD

Pair is below earlier support which now turned into resistance. If there will be a test of mentioned level and some Price Action sell signal, it will be worth to open short position.

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EURCAD

Buy signal on this pair. Clear Pin Bar which was created in support area let us set buy limit order on 50% retracement. Stop Loss is 90 pips and Take Profit is 650 pips.

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EURUSD

Unfortunately Stop Loss was hit yesterday. Price broke support and then quickly came back above it. So far I will not look for another opportunity to enter market, but until price is above this level I will look for longs.

GBPCAD

Clear decrease below support (which now should become resistance) changed sentiment. We can only play shorts right now and the opportunity can be after re-test of old support from below. Sell signal on D1 or H4 chart should let us open position.