Possible profitable trades today 04.03.2015

04.03.2015 / 10:29

Rating:

EUR/JPY reserves negative movement .The correction in the last few hours gives a good opportunity for sell with a small stop on the negative movement. Suitable entrance for a new short position 133.77 with a mandatory stop at 134.25. The indicators are in bearish formation with possibility for continuous short.

EUR/USD also reserves a negative formation .The price is under the average ,the indicators shows short ,medium and short movement –short.Suitable places for sell after the light correction 1.1170 with stop 1.1221.

GBP/JPY gives possible buy signal ,levels of support and impulse in rising direction.RSI(14-9)gives a signal for a new ascending impulse.Good levels for buy near by support,close stop,trend-long.Stop 10 pips under the bottom 153.58.

Attention after 10:30 expecting data from France,Germany and EU .That is the reason not to hurry opening lots of position this morning ,because new corrections around the data are expected.

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Possible profitable trades today 04.03.2015

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