Market Watch

Last week: 609 pips
This week: 0 pips
This month: 609 pips

AUDCAD - 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 - Last Friday 11/3 we closed all of our positions and took a profit of 221 pips. We are now waiting for another chance to get back in.

EURCAD - Monthly MACD is trying to reach higher on the upper side and STOC is going sideway near the overbought level, so it's a chance to sell this pair - Last Friday 11/3 we closed some of our positions and took a profit of 388 pips. We are still holding short positions at (1) 1.48032 and (5) 1.49103 and (2) 1.50766.

(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.