Possible profitable trades for today 06.04.2015

06.04.2015 / 16:53

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Today, trade in the financial markets is extremely low volumes and currency pairs registering corrective movements. Entering the position is risky, because in each news may have increased volumes, which may distort the movement.

EUR / NZD remain its movement in corrective bullish channel on H4 , the price is at the bottom, giving us a good place to buy from 1.4464 and stop loss below the bottom of the previous bar 1.4415, at least 15 pips below it. CCI is above 0 and the fast moving in Stochastic passes over the slow one , giving us a signal for long. 5 period average crosses above the 13 and 25 period average, which is also a signal for purchases with first target 1.4546

AUD / USD remain in decreasing movement, Daily and H4,remains Short, indicators in bearish formation. The price could not pass above the diagonal support ,now resistance 0.7671, which is a signal that the pair remain short .Around test levels an Evening Star formation , also bearish signal of potential downgrade. Possible short of current levels 0.7624 with a stop just above 0.7653 and target 0.7575

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Possible profitable trades for today 06.04.2015

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