Probable profitable trades for today 23/02/2015

GBP / JPY – maintained their upward trend, Dale graphics and 4 hours. We remain positive here, moving less Chart 1 hour and each signal for a new bullish momentum trades. There are currently crossing the 5 period average over 13 gives us a positive signal, likely long, with stop 182.81

EUR / GBP – downtrend on the Daily chart, downtrend 4 hours. Here only short. We have a signal for a new bearish signal. The price goes below the support of 0.7385 near the diagonal resistance probably decrease. Compulsory stop 0,7408

USD / JPY – also in bullish formation of Daily and four hours, just long as it is in force. Possible buy, with a stop just below 118.84

EUR / AUD – Crossing price below 1.4488 will give a signal of possible short and crossing into negative formation of larger graphics. Sell only if the price Remy below 1.4488 and stop 40 pips.

 Varchev Traders

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