Judgement day is coming. On June 23rd there will be Brexit referendum. If UK will leave European Union, the consequences for stocks and currencies (GBP and EUR) will be tragic. I recommend to be cautious and better to stay back from Wednesday.

EURAUD

Pair reached the support and after long consolidation it broke below it and then quickly came back above the support. It seems like we should look for long position opportunity but we need good signal. We should wait at least after referendum volatility will stop.

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EURAUDDaily-6-19-2016

USDCHF

After really good sell signal there was break above and the position hit Stop Loss Now it is decreasing again but unfortunately I don’t have open position. We just have to wait and watch the development.

USDCHFDaily-6-19-2016

USDJPY

Pair crearly decreased below key support. If there will be any bullish correction and price will test support from below (now it should become a resistance), after sell signal we can open shorts.

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USDJPYDaily-6-19-2016

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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.