Market Watch

Daily total: 584 pips
Weekly total: 3672 pips.
Monthly total: 6787 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 - Yesterday we closed some of our positions and took a profit of 319 pips. We are now waiting for another chance to get back in.

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 - We are now waiting for another chance to get back in again.

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 now holding long positions at (4) 91.388.

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 and (3) 1.04313 and (2) 1.04417.

AUDUSD - Monthly MACD is 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 and (5) 0.75548 and (2) 0.75454 and (3) 0.76182.

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 still holding long positions at (5) 0.72507.

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 - We are now 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 going to pass the zero line and STOC has come out strongly from 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 95 pips. We are now holding temporary covered short positions at (2) 1.45475 and (3) 1.47700 and (5) 1.48042.

EURCAD - Monthly MACD is making a turn up at zero line and STOC is already going up after a crossover, so it's a chance to buy this pair - We are still holding temporary covered short positions at (1) 1.48496 and (2) 1.48999 and (3) 1.48704 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 and (4) 1.08586 and (2) 1.09039 and (5) 1.08943 and (3) 1.08937 and (6) 1.08941.

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) 0.82695 and (1) 0.86097 and (2) 0.86313 and (3) 0.87231 and (6) 0.87109.

EURJPY - Monthly MACD is going up to the zero line after making a crossover and STOC is still up strongly from the 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. 290 and (5) 123.287 and (3) 123.478.

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 covered short positions at (1) 1.10879 and (5) 1.10990 and (2) 1.11497 and (6) 1.11693 and (3) 1.11543 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. Yesterday we closed some of our positions and took a profit of 170 pips. We are now holding temporary short positions at (3) 1.66265 and (5) 1.67018 and long positions at (1) 1.67517.

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 (6) 1.64639.

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 and (2) 1.22676.

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 long positions at (4) 159.801 and (6) 144.444 and (1) 140.291.

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 waiting for another chance to get back in again.

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 to test the market at (2) 1.27563 and (1) 1.27493 and (6) 1.27495.

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 - Yesterday we closed some of our positions at break even level. We are still holding temporary covered long positions at (2) 0.71118 and (3) 0.71234 and (4) 0.70743 and (6) 0.71071 and short positions at (1) 0.69778.

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 - Yesterday we closed some of our positions at breeak even level. We are still holding long positions at (4) 83.932 and (6) 80.200 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) 0.71592 and (4) 0.71680 and (5) 0.71771 and (6) 0.72104 and (2) 0.72420 and (3) 0.72083.

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 waiting for another chance to get back in again.

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 and (6) 0.96640 and (3) 0.96590 and (2) 0.96666.

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) 109.970 and (6) 109.052 and (5) 109.091 and (3) 109.169 and (2) 109.132 and (4) 109.125.

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 - Yesterday we closed our short positions at break even level. We are now holding long positions at (1) 8.44450 and (4) 8.43450 and (5) 8.43226.

(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.