The markets are really boring right now. There are very few setups that allow to open position, there is little of some decisive moves. Maybe markets wait for the US presidential elections and it’s the reason of absence of major decisions before final solution? What remains is calmly analyse charts and act in accordance with the strategy:

EURAUD

After the sales signal EURAUD price has not returned up to 50% retracement of candle pin bar from Thursday. Sell limit order is active and waiting for further developments.

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

euraudh4-10-24-2016

GBPCAD

After sharp declines of Pound pair to the Canadian dollar may be the first one to give another sell signal. We are at the resistance and if during the test will be a signal of Price Action on the daily chart, consider short in line with the dynamic downtrend.

gbpcaddaily-10-24-2016

USDCHF

On the USD to Swiss Franc on Friday formed a sell signal on the daily chart. Green box is a candle pin bar, after which you can enter in shorts. Currently, the price has risen and the entrance is even more beneficial. Stop Loss is about 30 pips and Take Profit is 95 (at least the low of that long white candle) or 120 in the case of the nearest support.

YOU CAN START USING PRICE ACTION AND INVEST ON FOREX MARKET USING FREE XM BROKER ACCOUNT.

usdchfdaily-10-24-2016

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