Market Watch

Last Friday: 220 pips.
This week: 220 pips
This month: 3019 pips.

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) 9.40320 and (5) 9.33316 and (4) 9.25074 and (6) 9.25090 and (3) 9.25080 and (2) 9.31772.

GBPAUD - Monthly MACD is making a cross downward on the underside and STOC is still lingering close to the oversold area, so this is a chance to sell it - Last Friday we closed some of our positions and took a profit of 220 pips. We are now holding short positions at (5) 1.66761 and (1) 1.66139 and (4) 1.68753.

(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.