Market Watch

Yesterday: 212 pips

NZDUSD - Monthly MACD is going sideway at the zero line and STOC is going down after making a cross last month, so it's a chance to sell this pair - Yesterday we closed some of our positions and took a profit of 212 pips. We are still holding covered short positions at (1) 0.71592 and (5) 0.71771.

USDCAD - This pair monthly MACD is on the downward path to the zero line and STOC is already entering the oversold level, so this is a chance to buy it up a litlle bit - We are holding long positions at (1) 1.24934.

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 (4) 0.96834 and (5) 0.96789 and (1) 0.97356 and (3) 0.97741.

USDJPY - Monthly MACD seems unable to go higher from the zero line and STOC has already made a cross downward, so it is a chance to sell this pair - We are now holding covered short positions at (1) 111.069 and (2) 113.138 and (4) 109.177 and (5) 112.163 and (6) 112.886 and (3) 113.055.

USDNOK - Monthly MACD is continue going down from the upper side and STOC is reaching the ovesold level, so it is a starting chance to buy this pair - 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.