AUD/JPY
Interesting situation here – after visible decline and retest of previous low, market retraced dynamically. There is a possibility of forming big Outside Bar (bullish engulfing). Of course traders should check the potential profitability before entering such transaction.
AUD/NZD
Yesterday daily support was broken and today we observe continued decline. It seems, that looking only for sell signal will be profitable. If any signs of upward correction show up, then we will take long positions also into account (but firstly current support have to be tested from the top).
GBP/JPY
Yesterday H4 chart generated a purchase signal (in the shape of pin bar candle). Price fell, but luckily stop loss was not activated and currently position gives gains around 100 pips. There is still 30 pips needed to close the half of the position (break-even point). Initial target for such position is located near the nearest resistance (220pips).
USD/CHF
First bullish pin bar showed last Thursday. Now another one also formed (with very long lower wick). If you still did not activate long position on this pair, now it is a great opportunity for it. Try to put buy limit near 50% of yesterday’s candle.