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Probable profitable trades for today, the 16/02/2015

The last few days seeing consolidation movements in most currency pairs and weak movements.

GBP / USD maintained its short-term upward movements around 1.5417 as prices are good for purchase with stop 1.5375. Formation is bullish, indicators in the positive zone, above the average price. There is a risk of rapid adjustments and fall, but so far short movement is long.

AUD / USD – resistance levels, drop the pair below 0.7771 will give a signal to sell, with a close stop 0.7805. Short positions only after the price falls below 0.7771, because only then will we have the sword formation if no breakthrough longa is more likely.

EUR / AUD – scourge formation here on Daily schedule possible beginning of a new upward movement if the price crosses above the 1.4684 and the bar closed above these levels. This will be the signal for long.

USD / JPY – remains negative formation, possible sell from current levels with a stop around 118.83. Price below the moving average, CCI (50) below 0


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