Market Watch

EURGBP - The pair still has its monthly STOC in the overbought level and MACD has already been over the zero line, so this is a chance to sell it - We are now holding covered short positions at 0.80624, 0.82930 and 0.86826.

EURNZD - This pair has its monthly MACD already crossing to the underside, and although STOC has been in the oversold area, there is still some chances for it to go down more - We are now holding short positions at 1.56357.

NZDUSD - This pair has its monthly MACD going up from an underside crossover and the STOC is already in the overbought level, so this is the time to go around and sell this pair temporarily - We are now holding temporary long positions at 0.72942 and 0.723545.

(Charts: Forex Trader)

Disclaimer: This is a personal analysis, not an actual advice, therefore we will not accept any liability for any loss and damage which may arise directly or indirectly from the content of these and future articles.