Market Watch

Last Friday: 210 pips.
Last week: 2677 pips
This month: 2677 pips.

AUDCAD - Its monthly MACD is going down after making a cross from the upper side and STOC is also reaching down to the oversold area, this is still a chance to sell it a bit more - We are now holding short positions at (1) 0.98482.

NZDCHF - The monthly MACD is showing weakness after crossing the zero line while STOC is going to turn downward, so this is a chance to sell it - Last Friday we closed some of our positions and took a profit of 93 pips. We are now holding covered short positions at (4) 0.68908 and (1) 0.69286.

NZDUSD - Monthly MACD is going sideway right under the zero line and STOC is going down after making a cross last month, so it's a chance to sell this pair - Last night we closed all of our positions and took a profit of 117 pips. We are now waiting for another chance to get back in.

(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.