Today I will show only pairs connected with US Dollar. Others are not clear for me right now, and USD is quite interesting pair to play right now.

EURUSD

Eurodollar is getting close to resistance. If it will be tested and there will be any sell signal, it will be worth to open shorts.

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EURUSDDaily-3-18-2016-1024x446

GBPUSD

Interesting situation on cable. Price broke resistance yesterday and closed above it. It changes sentiment to bullish and after any bearish correction to earlier resistance (now a support) I will look for Price Action signals on H4 to open longs.

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GBPUSDDaily-3-18-2016-1024x446

USDCAD

Loonie broke support and situation is similar to Cable. Bullish correction to earlier support area and H4 sell signal will let open shorts.

USDCADDaily-3-18-2016-1024x446

USDCHF

Situation is different over here. Support is tested and there still can be some buy signal. To open long position we need clear D1 signal.

USDCHFDaily-3-18-2016-1024x446

USDJPY

Even more interesting situation on this pair. Price is testing support and it can be three bottom pattern, which will lead to bigger bullish correction. Break and close below this level will be a sign of another dynamic depreciation.

USDJPYDaily-3-18-2016-1024x446

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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.