Opportunities for profit

We focus on the pairs which have clear direction

EUR/AUD: moves below the diagonal support, but now it is in tight range. It’s very possible to see new momentum after the range. CCI(50) is under 0 which increases the possibility for decline. Short positions only when the price moves belo 1.4524 with a 40 pips stop

GBP/JPY: ascending mid-term movement, on H4 CCI(50) is over 0-long and on H1 is on support levels which are good for stop with a near stop around 182.52

USD/JPY: also gives signals for ascending mid-term movement, indicators shows positive moods. Good levels for buy with a stop at 118.61

 Varchev Traders

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