Market Watch

Yesterday: 122 pips.
This week: 122 pips
This month: 2799 pips.

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 covered short positions at (2) 0.73074 and (3) 0.76938 and (4) 0.75002 and (5) 0.75060 and (6) 0.75012 and (1) 0.74756.

AUDNZD - Its monthly MACD is touching the zero line and STOC is entering the overbought level, so this is still a chance to sell it - We are now holding covered short positions at (1) 1.08509 and (4) 1.10101 and (5) 1.11104 and (3) 1.09944 and (6) 1.10929 and (2) 1.10913.

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) 9.25048 and (5) 9.33316 and (4) 9.25074 and (6) 9.25090 and (3) 9.25080 and (2) 9.31772.

EURNZD - This pair has its monthly MACD already crossed the zero line and STOC is in the overbought area, this is a chance to sell it - We are now holding covered short positions at (1) 1.54844 and (2) 1.51131 and (3) 1.51244 and (4) 1.56004 and (5) 1.55774 and (6) 1.55527.

GBPNZD - The monthly MACD is going sideway after making a crossover 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 covered short positions at (1) 1.83716 and (4) 1.83649 and (5) 1.84810.

NZDCAD - Monthly MACD is touching the zero line and STOC is already in the oversold area, so this is a chance to buy it - We are now holding long positions at (1) 0.87776 and (4) 0.87734 and (5) 0.87649.

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 - Yesterday we closed all of our positions and took a profit of 122 pips. We are now holding temporary long positions at (1) 0.68473 and (4) 0.684898 and (5) 0.68518.

NZDUSD - Monthly MACD is turning down right under the zero line and STOC is going down after making a cross, so it's a chance to sell this pair - We are now holding temporary long positions at (4) 0.70255 and (1) 0.70304 and (5) 0.70725.

USDCAD - The monthly MACD is reaching down almost to the zero line and STOC seems unable to get out of the oversold level, so this is still a chance to sell it a little bit more - We are now holding temporary short positions at (4) 1.25324 and (1) 1.25649

(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.