Opportunities for profit

20.01.2015 / 09:49

Rating:

EUR/USD remain short, which means only sell positions. We must only pick a good place for position with a near stop. This can be around 1.16 with a stop at 1.1647. Sentiment is for weak EUR

EUR/AUD: mid-term move is short, negative formation- deeper bottom and lower top. Current levels are good for sell positions with a stop at 1.4205

AUD/USD: mid-term negative movement, possible flag formation on H4. The pair moves between the flag diagonals, around the top shoulder. Good places for sell around 0.8201 with a stop at around 0.8242

GBP/JPY: trend here is also short. Short-term move is trend correction and we wait. Only decline below 178.36 will give us signal for new negative momentum.

GBP/USD: trend is short, only sell here. Short-term rise to 1.5118. Around this levels it's better to switch on a smaller timeframe and wait for a new negative momentum, lower bar on M30 or CCI below 0, to confirm the short.

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Opportunities for profit

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