Pretty serene situation on the markets but it looks like calm before storm. Indices were growing really fast, now they are falling but maybe it is just a correction of last moves. If it will happen, Japanese yen and commodities should decrease, in pair with oil also AUD and CAD.

EURAUD

Long position on this pair is close to hit the Stop Loss. Buy signal in form of Pin Bar was  quite clear and position was correct. All the time we can consider opening with small SL and RR over 10:1. I already have this position.

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

GBPJPY

Pair is in really strong bearish trend and I wait for further correction which will test last strong support (now a resistance). If there will be any Price Action sell signal we can consider opening shorts on H4 or D1 chart.

GBPUSD

Very similar situation here. Decreases are really strong and its continuation should be a sign of 400 more pips of decreases. We just need bigger bullish correction.

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

NZDJPY

Pair is consolidating near support. Buy signal from 12 sessions earlier is still active, I have long position opened since mid-February. We just have to wait.