Market Watch

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 and 0.98989.

EURUSD - Monthly MACD is reaching up to the zero line and STOC is already in the overbought area, so it's a chance to sell this pair - 66 pips. We are now holding temporary covered short positions at (1) 1.13232 and (5) 1.13102 and (2) 1.14497 and (6) 1.14235 and (3) 1.14543.

GBPCAD - The monthly MACD is reaching upslowly from the underside and STOC is already passed the mid level, so this is still a chance to sell it - We are now holding short positions at (1) 1.67467 and (4) 1.66698 and (5) 1.63658.

GBPCHF - Monthly MACD is still on the under side and STOC is reaching to the mid level, so it's a chance to buy this pair - We are now holding temporary short positions at (1) 1.30453 and (4) 1.29170 and (5) 1.27663.

GBPJPY - The monthly MACD is still on the underside and STOC is high in the overbought area, so it is a chance to sell this pair - We are now holding long positions at (4) 159.801 and covered short positions at (1) 144.725 and (6) 139.545 and (3) 139.456 and (2) 139.652 and (5) 151.241

USDCHF - Monthly MACD is turning up near the zero line and STOC is already touching the mid level, 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) 0.98285 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.