Market Watch

Daily: 705 pips
Weekly: 1904 pips.
Monthly total: 1994 pips.

AUDCAD - This pair has its monthly MACD already crossed to the upper side and STOC is reaching up to the overbought area, so this is the long term trend to sell it again after it made a top in May - We are now holding short positions at (1) 1.00975 and (4) 1.00916 and (5) 1.01500 and (6) 1.01984 and (2) 1.01944

AUDCHF - Monthly MACD has the tendency to go down right under zero line and STOC is already on its downward path, so it is a chance to sell this pair - Yesterday we closed our positions and took a profit of 373 pips. We are now holding long positions at (1) 0.72692.

AUDJPY - This pair has its monthly MACD already made a crossover with STOC is reaching up to the overbought level, so this is a chance to sell it - We are still holding long positions at (4) 91.388 and (1) 82.285 and (5) 82.006.

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 long positions at (1) 1.06514 and (4) 1.05449 and (5) 1.05108 and (6) 1.04681.

AUDUSD - Monthly MACD is going slowing down near zero line on the under side and STOC is already on a downward path after making a cross, so it's a chance to sell this pair - We are now holding short positions at (1) 0.75533.

CADCHF - Monthly MACD is slowing down on the underside and STOC has already made a cross downward right under overbought area, so it's is a chance to buy this pair - We are now holding long positions at (1) 0.72044 and (4) 0.72018 and (5) 0.72507 and (2) 0.71717

CADJPY - The pair has its monthly MACD already made a crossover under the zero line and STOC is reaching to the overbought area, so there is the small chance to buy it for a little more and then sell it again - We are now holding long positions at (1) 85.011 and (2) 84.307 and (5) 84.427 and (6) 84.575 and (3) 84.600.

CHFJPY - Monthly MACD is making a crossover right under the zero line and STOC is slowing down not too far from mid level, so this month is a chance to sell this pair a little more - Yesterday we closed some of our positions and took a profit of 181 pips. We are still holding short positions at (1) 112.821 and (2) 113.475 and (5) 113.241 and (3) 114.149 and (4) 113.494 and (6) 113.505.

EURAUD - Monthly MACD is already passing the zero line and STOC is in the oversold area, so this is time to look for a chance to buy it - Yesterday we closed some of our positions and took a profit of 151 pips. We are still holding temporary covered short positions at (1) 1.48261 and (2) 1.45475 and (3) 1.47700 and (5) 1.48042 and (4) 1.49274 and (6) 1.49242.

EURCAD - Monthly MACD is making a turn up at zero line and STOC has already made a crossover in the oversold area, so it's a chance to buy this pair - We are now holding temporary covered short positions at (1) 1.48496 and (2) 1.48999 and (3) 1.48704 and (4) 1.50441 and (5) 1.50587 and (6) 1.49029.

EURCHF - Monthly MACD is slowing down near the zero line and STOC is just coming out of the oversold area after a crossover, so it's a chance to sell this pair for awhile before turning up - We are now holding short positions (1) 1.08574.

EURGBP - The pair has its monthly MACD slow down on the upper side and STOC is going sideway near the mid level, so this is a chance to sell it - We are now holding covered short positions at (4) 0.86443 and (5) 0.817347 and (1) 0.86097 and (2) 0.84847 and (3) 0.87231 and (6) 0.87109.

EURJPY - Monthly MACD is going up to the zero line after making crossover and STOC is slowing down at mid level, so it is a chance to sell this pair for some times more - We are now holding short positions at (1) 122.101 and (2) 122.101 and (4) 123. 390 and (5) 123.287.

EURNOK - Monthly MACD is turning up in an attemp to make a crossover on the upper side and STOC is going upward from the oversold are, so it is a chance to sell this pair - We are now holding covered short positions at (1) 9.46734 and (5) 9.45581 and (4) 9.49401 and (6) 9.51372 and (2) 9.54664 and (3) 9.53935.

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 temporary covered short positions at (1) 1.50703 and (2) 1.51131 and (3) 1.51244 and (4) 1.50854 and (5) 1.53259 and (6) 1.50904.

EURUSD - Monthly MACD is on the way up to the zero line and STOC is also up after making a crossover, so it's a chance to buy this pair - We are now holding temporary short positions at (1) 1.10283 and (5) 1.10990 and (2) 1.10846 and (6) 1.11693 and (3) 1.10940 and long positions at (4) 1.15568.

GBPAUD - Monthly MACD is slowing down on the underside for a crossover and STOC is still in the oversold area, so this is a chance to buy it. We are now holding temporary short positions at (1) 1.65433 and (2) 1.65814 and (3) 1.66265 and (4) 1.70199 and (5) 1.67018 and (6) 1.69183.

GBPCAD - The monthly MACD is slowing down on the underside 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) 1.70567 and (5) 1.70542 and (6) 1.64639 and (1) 1.69351 and (2) 1.70513 and (3) 1.64884.

GBPCHF - Monthly MACD is attempting to make a crossover on the under side and STOC is coming out of the oversold area after a crossover, so it's a chance to buy this pair - We are now holding covered long positions at (1) 1.26585 and (4) 1.25987 and (5) 1.24238.

GBPJPY - The monthly MACD is slowing down to make a cross on the underside and STOC has reaching to mid level, so it is a chance to sell this pair - We are now holding short positions at (1) 142.493 and long positions at (4) 159.801 and (6) 144.444.

GBPNZD - The monthly MACD is going to make a cross on the underside and STOC is getting out of the oversold area, so this month is a chance to buy this pair before it turn down again - We are now holding temporary short positions at (1) 1.78781 and (2) 1.75293 and (6) 1.75856 and (3) 1.76707 and (5) 1.76126 and (4) 1.76111.

GBPUSD - Monthly MACS is making a cross over from the underside and STOC is reaching up from the bottom of oversold area, so it's a chance to buy this pair. We are now holding temporary short positions at (1) 1.25627 and (2) 1.27563 and (3) 1.27563 and (6) 1.27621.

NZDCAD - Monthly MACD is going up after abandoning a cross downward on the upper side and STOC has already made a crossover near mid level, so this is a chance to sell it - We are now holding covered short positions at (1) 0.95810 and (4) 0.95895 and (5) 0.95685 and (2) 0.96402 and (6) 0.95715 and (3) 0.95835.

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 covered long positions at (1) 0.70723 and (2) 0.71118 and (3) 0.71234 and (4) 0.70743 and (5) 0.70203 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 - Monthly MACD is now up lighly near the zero line and STOC is already going slower from overbought area, so it's a chance to sell this pair again - We are now holding covered short positions at (1) 0.70876 and (4) 0.71015 and (5) 0.70085 and (6) 0.70937 and (2) 0.71817.

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 now holding short positions at (1) 1.34729 and (5) 1.35003

USDCHF - Monthly MACD is going to get under the zero line after a cross downward and STOC is also on a downward path, so it's a chance to sell this pair - We are now holding temporary long positions at (1) 0.96808 and (5) 0.96366 and (4) 0.96299.

USDJPY - Monthly MACD is going sideway right at zero line and STOC is making a cross downward at about mid level, so it is a chance to sell this pair - We are now holding temporary long positions at (1) 109.505.

USDNOK - Monthly MACD is slowing down on the upper side and STOC is going sideway near the overbought level, so it is a chance to buy this pair a little more - We are now holding short positions at (1) 8.44450.

(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.