Category: MARKET WATCH

AUDCAD – In the overall outlook, this pair still has a long way to go down, at least to 0.93500. Although the monthly MACD is still on the underside but the STOC has come into the overbought area, so this is the chance to sell it again – We are now holding short positions at 0.99641 and 0.99763. AUDNZD – […]

AUDCHF – This pair has its monthly STOC near the overbought level and its monthly MACD has the possibility to be down for sometime, so it is a chance to sell it – We are now holding short positions at 0.74311. AUDJPY – Although this pair has its monthly STOC already left the oversold area, MACD is still on the […]

CADCHF – For this pair, although the monhly MACD is still low on the underside, but the STOC is going to cross down near the overbought level, so we will watch it carefully and go in for a buy or sell according to its movements – We are now holding covered long positions at 0.74170. EURGBP – The pair still […]

AUDCAD – In the overall outlook, this pair still has a long way to go down, at least to 0.93500. Although the monthly MACD is still on the underside but the STOC has come into the overbought area, so this is the chance to sell it again – We are now holding short positions at 0.99641. CHFJPY – Its monthly […]

AUDCHF – This pair has its monthly STOC near the overbought level and its monthly MACD has the possibility to be down for sometime, so it is a chance to sell it – Last Friday we closed our temporary long positions and took a profit of 54 pips. We are now standing aside waiting for another chance to get back […]

AUDJPY – Although this pair has its monthly STOC already left the oversold area, MACD is still on the underside, thus it has some distance to go down before making a turn – Yesterday we closed our long positions and took a profit of 57 pips. We are now standing a side waiting for a minor correction before getting in […]

AUDNZD – This pair has the monthly MACD already on the underside and STOC is in the oversold area, so this is a chance to buy it – We are now holding our covered long positions at 1.03648 and 1.02915. EURAUD – Although the monthly STOC is near the oversold level but MACD still has some distances to go down […]

AUDCAD (SELL) – In the overall outlook, this pair still has a long way to go down, at least to 0.93500. Although the monthly MACD is still on the underside but the STOC has come into the overbought area, so this is the chance to sell it again – Yesterday we closed our short positions and took a profit of […]

EURJPY (BUY/SELL) – The pair has been downwardly passed the monthly oversold level and zero line. Although it will go down for some more, it is still presenting an opportunity to buy or sell whenever there is a right condition – Yesterday we closed our temporary short positions and took a profit of 252 pips. We are now still holding […]

AUDCHF (BUY/SELL) – This pair has its monthly STOC already going into the overbought level and its monthly MACD has the possibility to be down for sometime, so it is a chance to sell it for a while – Last Friday we closed our short positions and took a profit of 82 pips. We are now standing aside to wait […]