Category: MARKET WATCH

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 we decided to sell it again – We covered our short positions and are now holding at 0.98573. EURGBP (SELL) […]

EURJPY (BUY) – 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 – Overnight we closed some of our positions and took a profit of 80 pips. We are still holding at 121.9238. GBPJPY (BUY) – This pair has been […]

EURGBP (SELL) – The pair has turned back to the monthly overbought level and although MACD is already over the zero line, but we still think it a chance to sell – We covered our short positions and are now holding at 0.82839, 0.80087 and 0.79176. GBPCHF (BUY) – This pair has the monthly STOC being in the oversold level […]

CAD/JPY (BUY) – The pair has been around oversold level for many months and MACD is on the underside, so there is a chance to buy it – We are now holding new low positions at 77.252. EURGBP (SELL) – The pair has turned back to the monthly overbought level and although MACD is already over the zero line, but […]

CADCHF (BUY) – 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 wait patiently for a good moment to cover our long positions – We are now holding at 0.766697 and at 0.75134. EURCAD (SELL) – This pair has had some […]

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 we decided to sell it again – We covered our short positions and are now holding at 0.97485. CADCHF (BUY) […]

EURGBP (SELL) – The pair has turned back to the monthly overbought level and although MACD is already over the zero line, but we still think it a chance to sell – We covered our short positions and are now holding at 0.82839, 0.80087 and 0.79176. EURNZD (SELL) – This pair has a rebound from the April low and will […]

GBPCHF (BUY) – This pair has the monthly STOC near the oversold level from April and MACD at the extreme on the underside, so this is a chance to buy it – We are holding at 1.32411. GBPUSD (BUY) – This pair has been down to the oversold level from January 2016 and the monthly MACD is on the underside […]

CADCHF (BUY) – Although monhly STOC is near the overbought level but MACD is low on the underside, so this pair still has the potential to go up some more for a buy – Yesterday we closed some of our positions and took a profit of 50 pips. We are now holding at 0.766697 and at 0.75134. EURGBP (SELL) – […]

EURCAD (SELL) – For this pair, this is a rebound we have been waiting for from April’s low when the weekly MACD started to go under the zero line, so we decided to get in for a sell – We are now holding at 1.45133. CADCHF (BUY) – Although monhly STOC is near the overbought level but MACD is low […]