Market Watch

Yesterday: 415 pips
This week: 415 pips
This month: 1515 pips

AUDCAD - Its monthly MACD is reaching down to the zero line and STOC is already enter into the oversold area, this is still a chance to sell it a bit more - We are now holding temporary long positions at (1) 0.97028 and (4) 0.96647.

AUDCHF - Monthly MACD has the tendency to go down right under zero line and STOC is making a cross downward, so it is a chance to sell this pair - Yesterday 11/14 we closed some of our positions at break even level. We are still holding covered short positions at (4) 0.75002 and (1) 0.74756 and temporary long positions at (5) 0.75045.

AUDNZD - Its monthly MACD is going side way just above the zero line and STOC is coming back down from the overbought level, so this is a chance to sell it - Yesterday 11/14 we closed some of our positions and took a profit of 177 pips. We are still holding covered short positions at (1) 1.08509 and (4) 1.10101 and (3) 1.09944.

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 - We are now holding temporary long positions at (1) 0.76477 and (5) 0.76375 and (3) 0.76257.

EURAUD - Monthly MACD is going up high 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) 1.50285 and (6) 1.50853.

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 - We are still holding short positions at (1) 1.48032 and (5) 1.50175.

EURNOK - Monthly MACD is turning up after a crossover on the upper side and STOC is entering the overbought area, so it is a chance to sell this pair - We are now holding covered short positions at (1) 9.39473 and (5) 9.38999 and (4) 9.25074 and (6) 9.25090 and (3) 9.25080 and (2) 9.31772.

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 - Yesterday 11/14 we closed some of our positions and took a profit of 238 pips. We are still 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.

(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.