AUD/JPY
After strong decrease, pair is in the middle of upward correction. Rate approaches resistance zone and if Price Action sell signal shows, we will consider short positions.
EUR/CAD
Similar situation to this described above. After strong breakout, dynamic correction which approaches support zone. It is worth to observe Price Action in the next sessions and open long positions after potential re-test from the top.
GBP/AUD
On Friday purchase signal showed (H4 TR). I put a buy limit order at 50% retracement of the signal candle (Outside Bar formation – bullish engulfing) and the position was opened. For now price moves around this very level.
GBP/USD
On Friday, Cable fell near the support zone. It may be a good opportunity to open long positions – pair moves in broad consolidation. If purchase signal shows up, we will open longs (from H4 and D1 charts).
USD/CAD
I have opened a position also at Loonie. Last Tuesday brought strong purchase signal in the shape of pin bar candle (D1). Buy limit order at 50% retracement of signal candle was activated.
