Market Watch

Daily total: 308 pips
Weekly total: 1322 pips.
Monthly total: 2685 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 temporary long positions at (1) 0.98949 and (4) 0.99467 and (5) 0.99562.

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 holding short positions at (2) 0.73074 and (3) 0.72933 and (4) 0.72952 and (5) 0.72987 and (6) 0.72993 and (1) 0.72986.

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 covered short positions at (1) 84.356 and (5) 84.584 and (2) 85.641 and (6) 85.645 and (3) 85.674 and still 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 - Yesterday we closed some of our positions and took a profit of 120 pips. We are now holding long positions at (1) 1.06514 and (4) 1.05311 and (5) 1.05108 and (2) 1.05292 and (3) 1.05359.

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 and (6) 0.76223.

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 temporary short positions at (1) 0.74394 and (4) 0.74941 and (6) 0.74633.

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 covered short positions at (5) 84.969 and (2) 85.406 and (3) 84.284 and (6) 85.694 and (1) 85.164 and (4) 88.623.

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 covered short positions at (1) 113.597 and (2) 113.475 and (5) 115.042 and (3) 114.808 and (4) 115.685 and (6) 114.261.

EURAUD - Monthly MACD is slowing down at the zero line and STOC has been reaching up high for the last two months, so this is time to turn south and sell it for awhile - We are now holding covered short positions at (2) 1.45475 and (3) 1.47700 and (1) 1.47397 and (4) 1.47844 and (5) 1.47653 and (6) 1.47918.

EURCAD - Monthly MACD is going to make a cross downward at zero line and STOC is already high enough near the overbought level, so it's a chance to sell this pair - Yesterday we closed all of our short positions at break even level in order to turn north. We are now holding long positions at (1) 1.46954.

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) 1.09263 and (2) 1.09039 and (5) 1.09763 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) 0.86879 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) 125.725 and (2) 123.028 and (4) 125.330 and (5) 125.369 and (3) 124.248 and (6) 125.368.

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) 9.5137 and (3) 9.48557 and (2) 9.47902.

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 starting to slow down on the way up to the zero line and STOC is reaching high enough over mid line, so it's a chance to sell this pair - We are now holding temporary covered short positions at (1) 1.11728 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 going negative on the underside and STOC is going sideway right over the oversold area, so this is a chance to sell it - Yesterday we closed some of our positions and took a profit of 188 pips. We are now holding short positions at (3) 1.66265 and (5) 1.67018 and (1) 1.68238.

GBPCAD - The monthly MACD seems cannot be able to go higher and STOC has been going sideway for a months, so this is a chance to sell it - We are now holding 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) 1.25413 and (4) 1.24450 and (5) 1.24238 and (6) 1.24279 and (3) 1.24243 and (2) 1.24286.

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 (5) 148.806 and covered short positions at (1) 143.125 and (6) 141.956 and (3) 144.395 and (2) 143.850.

GBPNZD - The monthly MACD is going sideway after making a cross on the underside and STOC seems unable to reach higher after getting out of the oversold area, so this is a chance to sell it for awhile - We are now holding short positions at (1) 1.78216.

GBPUSD - Monthly MACS is slowing down after a crossover far down on the underside and STOC is going sideway right over the oversold area for 2 months, so it's a chance to sell this pair a little more - We are now holding short positions at (1) 1.26727 and (6) 1.29026 and (2) 1.29138.

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 short positions at (4) 0.93605 and (5) 0.93585 and (6) 0.93614 and (2) 0.93582 and (1) 0.93580 and (3) 0.93598.

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 short positions at (3) 0.69976 and (4) 0.69976 and (5) 0.70022 and (6) 0.70018 and (2) 0.70023 and (1) 0.69990.

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 - We are now holding covered short positions at (1) 80.950 and (5) 81.211 and (3) 80.993 and (2) 80.683 and (6) 80.621 and still holding long positions at (4) 83.932.

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) 0.72488.

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.

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 short positions at (2) 0.95670 and (1) 0.95665.

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 covered short positions at (6) 111.475 and (1) 112.410 and (5) 111.500 and (4) 111.728 and (2) 112.497 and (3) 113.330.

USDNOK - Monthly MACD is continue going down from the upper side and STOC is turning down near the overbought level, so it is a chance to sell this pair again - We are now holding temporary long positions at (1) 8.34090 and (4) 8.27408.

(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.