Market Watch

Last week: 273 pips
This week: 0 pips
This month: 2000 pips

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 - Last week on 11/17 we closed some of our positions at break even level. We are still holding covered short positions at (4) 0.75002 and temporary long positions at (5) 0.75045 and (6) 0.74783.

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) 0.67407 and (4) 0.68489.

NZDUSD - Monthly MACD is turning down right under the zero line and STOC is going down after making a cross, so it's a chance to sell this pair - We are now holding temporary covered long positions at (4) 0.70255 and (1) 0.69205 and (5) 0.70725.

USDJPY - Monthly MACD seems unable to go higher from the zero line and STOC has already made a cross upward, so it is a chance to sell this pair - Last week on 11/17 we closed some of our positions and took a profit of 273 pips. We are now holding covered short positions at (1) 111.069 and (2) 113.138 and (4) 109.177.

USDNOK - Monthly MACD is continue going down from the upper side and STOC is trying to turn out of the ovesold level for a crosss, so it is a starting chance to buy this pair - We are now holding covered short positions at (5) 8.12513 and (4) 8.14334 and (1) 8.17546 and (2) 8.28545 and (3) 8.28383 and (6) 8.28264.

(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.