A little peace on the markets and huge volatility from last days is over. Is it just a calm before the storm or longer peace, we will see.

EURUSD

Eurodollar is really close to support. It is worth to watch price behaviour on daily chart or maybe even H4 and if there will be any Price Action signal it will be time to open longs.

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

EURUSDDaily-2-17-2016-1024x500

GBPCHF

Sell signal on this pair in form of Outside Bar. Yesterday’s big bearish candle covers fully small bullish one from Monday. We just have to set sell limit order on 50% retracement of signal candle.

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GBPCHFDaily-2-17-2016-1024x500

GBPJPY

Similar situation over here. There is also big Outside Bar and in case of breaking support, there is huge potential of about 900 pips of profit. Here I also set sell limit order and remember that pound exposition wouldn’t be too much.

GBPJPYDaily-2-17-2016-1024x500

NZDUSD

Kiwi is testing support and it can be an opportunity to open longs. If there will be any buy signal we can consider opening position because trend is bullish for about a month.

NZDUSDDaily-2-17-2016-1024x500

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