Market Watch

Yesterday: 68 pips
This week: 68 pips
Last month: 3157 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 - Last Friday we closed our positions at break even level. We are now holding temporary long positions at (1) 0.76477.

EURGBP - The pair has its monthly MACD slow down on the upper side and STOC is going sideway near the mid level, so this is a chance to sell it - Yesterday we closed some of our positions and took a profit of 68 pips. We are now holding covered short positions at (5) 0.82695 and (1) 0.87814 and (2) 0.87735.

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 - We are now holding temporary long positions at (1) 0.68473 and (4) 0.684898 and (5) 0.68518.

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) 1.27275 and (5) 1.27884.

(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.