Market Watch

Daily total: 584 pips.
Weekly total: 584 pips.
Monthly total: 5230 pips.

AUDCAD - This pair has its monthly MACD slow down on the upper side and STOC has already making a cross downward from the overbought area, so this is the long term trend to sell it again - We are now holding short positions at (6) 1.01212 and (5) 1.01310 and (4) 0.01295 and (1) 1.01286 and (2) 1.01311 and (3) 1.01306.

AUDCHF - This pair has its monthly MACD reaching near the zero line from below and STOC is already made a cross downward from the overbought level, so this is a chance to sell it - Yesterday we closed some of our positions and took a profit of 116 pips. We are now holding short positions at (1) 0.75817.

AUDJPY - This pair has its monthly MACD already made a crossover with STOC is reaching up to the overbought level, so for a long term trend, it would be a buy - Last Friday we closed some of our positions and took a profit of 44 pips. We are still holding temporary short positions at (2) 83.973 and (4) 84.560.

AUDNZD - The pair has its monthly MACD still on the underside and STOC has been back to the oversold level since January, so this is a chance for a buy - We are now holding short positions at (6) 1.06801 and (5) 1.07032 and (4) 1.06998 and (1) 1.07016 and (2) 1.07190 and and (3) 1.07852.

AUDUSD - This pair still has its monthly MACD on the underside although STOC is already coming down from the overbought level, so it is pointing to a chance to sell this pair for a while - Last Friday we closed some of our positions and took a profit of 46 pips. We are now holding short positions at (3) 0.75525.

CADCHF - For this pair, although the monthly MACD is still low on the underside, but the STOC has made a crossover toward 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 long positions at (1) 0.75436 and (2) 0.75523 and (4) 0.75614 and (5) 0.75627 and (6) 0.75637 (3) 0.75626.

CADJPY - The pair has its monthly MACD making a crossover under the zero line and STOC is near the overbought area, so there is the chance to sell it - We are now holding long positions at (1) 85.550 and (2) 84.307 and (5) 84.427 and (6) 84.575 and (3) 84.600.

CHFJPY - Its monthly MACD is going to make a crossover right under the zero line and STOC is going up, so this is a long term chance to buy whenever possible - We are still holding covered short positions at (4) 110.459 and long positions at (6) 111.525.

EURCAD - This pair has both its weekly MACD and STOC on the downward path for many months, so we'll sell it a bit more until it turns up - We are now holding short positions at (4) 1.41889 and (2)1.42728 and (3) 1.42793 and (1) 1.42567 (5) 1.42880 and (6) 1.42878.

EURCHF - This pair has its monthly MACD having a touching downward and STOC is already reaching into the oversold level, so it is a chance to sell it some more - Last Friday we closed some of our positions and took a profit of 378 pips. We are now holding temporary long positions at (4) 1.06901 and (1) 1.06848 and (3) 1.06406.

EURGBP - The pair has its monthly MACD slow down on the upper side and STOC is already made a cross downward from the overbought level, so this is a chance to sell it - We are still holding covered short positions at (4) 0.835476 and (5) 0.817347 and (3) 0.86425 and (1) 0.87424 and (2) 0.87573.

EURJPY - We are now holding short positions at (1) 122.794.

EURNZD - This pair has its monthly MACD already under the zero line and STOC is going sideway in the oversold area, this is a chance to buy it - We are now holding short positions at (1) 1.50703 and (2) 1.51131 and (3) 1.51244 and (4) 1.50854 and (5) 1.50634 and (6) 1.50904.

GBPAUD - The monthly MACD has been going further down on the underside and STOC is going sideway after making a cross over in the oversold area, so this is a chance to buy this pair - We are now holding long positions at (2) 1.61863 and (3) 1.60557 and (5) 1.60673 and (6) 1.60729.

GBPCAD - This pair has its monthly MACD on the underside for almost 6 months and STOC has made a crossover in the oversold level, so this is a long term chance to buy it - We are now holding temporary short positions at (4) 1.6500 and (5) 1.64966 and (6) 1.64639 and (1) 1.64843 and (2) 1.64944 and (3) 1.64884.

GBPCHF - Its MACD has been going sideway from October last year and STOC is coming out of the oversold area, so this is a chance buy it - We are now holding temporary short positions at (6) 1.26281 and long positions at (1)1.22832.

GBPNZD - The monthly MACD is gong to make a crossover from the underside and STOC has already made a such move in the oversold area, so this is a chance to buy this pair - We are now holding temporary short positions at (1) 1.74566 and (2) 1.75293 and (6) 1.74662 and (3) 1.75255 and (5) 1.75210 and (4) 1.76111.

NZDCAD - This pair has its monthly MACD high on the upper side and STOC has made a cross under in the overbought level, so this is a long term chance to sell it - We are now holding long positions at (4) 0.93775 and (3) 0.93815 and (2) 0.93780 and (5) 0.93412 and (6) 0.93385 and (1) 0.93224.

NZDCHF - The monthly MACD is already reaching up to the zero line and STOC is making a cross downward, so this is a chance to sell for some times - We are now holding temporary long positions at (1) 0.71320 and (2) 0.71118 and (3) 0.71234 and (4) 0.71337 and (5) 0.71083 and (6) 0.71071.

NZDJPY - This pair's monthly MACD already made a crossover upward and STOC is reaching almost to the overbought level, therefore it's a chance to sell it temporarily although long term trend for this pair is to buy it - We are now holding long positions at (4) 83.932 and (6) 80.200 and (5) 79.960 and (1) 80.317 and (2) 80.016 and (3) 80.329.

NZDUSD - The monthly MACD has been slow down right under the zero line and STOC is already turn down from its top, so this is a chance sell it - We are now holding temporary long positions at (1) 0.69998 and (2) 0.70229 and (3) 0.70237 and (4) 0.69882 and (5) 0.70167 and (6) 0.70159.

USDCAD - This pair monthly MACD is on the downward path to the zero line and STOC is making a cross sideway near the oversold level, so this is a chance to sell it a bit more before turning up - We are holding short positions at (3) 1.33475 and (2) 1.33541 and (6) 1.33481 and (1)1.33573.

USDJPY - This pair has its monthly MACD making a crossover right at the zero line and STOC is going up to the overbought area, so for a long term trend it's an opportunity to buy - We are still holding our temporary covered short positions at (4) 107.757 and (5) 109.021 and long positions at (6) 112.2070 and (2) 112. 630 and (3) 112.642 and (1) 111.982.

(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.