Market Watch

Yesterday: 212 pips
This week: 627 pips
This month: 1727 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 and (5) 0.96574.

AUDJPY - The monthly MACD is going side way at the zero line and STOC is coming down after making a cross at the overbought level, so this is a chance to sell it - Yesterday 11/16 we closed some of our positions at break even level. We are now holding covered short positions at (5) 84.584 and still holding long positions at (4) 91.388.

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 and (6) 0.75936.

CHFJPY - Monthly MACD is going side way at the zero line and STOC is already making a cross downward from the overbought level, so this is a chance to sell this pair - Yesterday 11/16 we closed some of our positions and took a profit of 212 pips. We are still holding covered short positions at (2) 113.475 and (3) 112.913 and (4) 113.561 and (6) 113.404.

EURNOK - Monthly MACD is turning up higher 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) 9.49265 and (3) 9.25080 and (2) 9.31772.

(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.