Market Watch

Yesterday: 70 pips.
This week: 290 pips
This month: 3089 pips.

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 - Yesterday we closed some of our positions and took a profit of 70 pips. We are now holding short positions at (2) 0.76780.

EURAUD - Monthly MACD is going up on the upper side and STOC has been in overbought level, so this is a chance to sell - We are now holding covered short positions at (2) 1.47738 and (3) 1.48654 and (1) 1.47558 and (4) 1.50210 and (5) 1.48339 and (6) 1.48545.

EURCAD - Monthly MACD is trying to reach higher on the upper side and STOC is going to enter the overbought level, so it's a chance to sell this pair - We are now holding short positions at (4) 1.49804 and (1) 1.48032 and (5) 1.49103 and (2) 1.50766.

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.

GBPCAD - The monthly MACD seems unable to go higher after a cross and STOC is in the same condition at well, so this is still a chance to sell it - We are now holding short positions at (1) 1.28026 and (4) 1.66698 and (5) 1.63658.

USDCAD - The monthly MACD is slowing down near the zero line and STOC is trying to get out of the oversold level, so this is the time to wait and go according to market opportunity - We are now holding temporary short positions at (4) 1.25324 and (1) 1.25649 and (5) 1.27884.

USDCHF - Monthly MACD is going sideway near the zero line and STOC has already made a crossover that seems not strong enough to go higher, so it's still a chance to sell this pair for a bit more - We are now holding covered short positions at (2) 0.96685 and (4) 0.97379 and (5) 0.97333 and (1) 0.97861 and (3) 0.97741.

(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.