Market Watch

Daily total: 2141 pips
Weekly total: 3316 pips.
Monthly total: 8271 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 (Tue) we closed some of our positions and took a profit of 126 pips. We are now holding short positions at (1) 0.98881.

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) 0.73870 and (5) 0.72987 and (6) 0.72993 and (1) 0.73556.

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 (Tue) we closed some of our positions and took a profit of 571 pips. We are now holding long positions at (1) 1.07687 and (4) 1.07693 and (5) 1.07728 and (3) 1.07716 and (2) 1.07698.

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) 0.76216 and (2) 0.76780 and (3) 0.77730 and (6) 0.77731.

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) 0.75306 and (4) 0.74941 and (6) 0.74633 and (5) 0.75606 and (2) 0.75925 and (3) 0.75925.

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) 86.612 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 - Yesterday (Tue) we closed some of our positions and took a profit of 186 pips. We are now holding covered short positions at (2) 1.47308 and (3) 1.45985 and (1) 1.45975 and (4) 1.46549 and (5) 1.46127 and (6) 1.46062.

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 - We are now holding temporary 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 - Yesterday (Tue) we closed some of our positions and took a profit of 591 (5914) pips. We are now holding covered short positions at (1) 9.31760 and (5) 9.32525 and (4) 9.31635 and (6) 9.33175 and (3) 9.32046 and (2) 9.31772.

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 - 90 pips. 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 (4) 1.15761.

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 (Mon) we closed some of our positions anf took a profit of 494 pips. We are now holding short positions at (5) 1.64354 and (1) 1.64207.

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 waiting for another chance to get back in.

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) 1.26115 and (4) 1.26248.

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 waiting for another chance to get back in.

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.

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 (1) 0.93580.

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 - Yesterday (Tue) we closed some of our positions anf took a profit of 173 pips. We are now holding covered short positions at (6) 111.475 and (1) 111.749 and (5) 111.925 and (4) 111.876 and (2) 112.497 and (3) 112.023.

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.