Market Watch
Last week: 196 pips
This week: 123 pips
This month: 2319 pips
AUDCHF - Monthly MACD has the tendency to go down at the zero line and STOC is making a cross downward, so it is a chance to sell this pair - We are now holding temporary long positions at (5) 0.75045 and (6) 0.74783 and (1) 0.74759 and (4) 0.74605.
CADCHF - Monthly MACD is slowing down on the underside near the zero line and STOC is going to make a cross downward right under overbought area, so it's is a chance to sell this pair - Last week on 11/24 we closed some of our positions and took a profit of 29 pips. We are now holding covered short positions at (1) 0.76010 and (4) 0.77060 and (6) 0.75012 and (5) 0.76329 and (2) 0.75925 and long positions at (3) 0.76934.
CADJPY - The monthly MACD reaching almost to the zero line and STOC is making a cross downward from the overbought area, so it's the chance to sell it - Yesterday 11/27 we closed some of our positions and took a profit of 123 pips. We are now holding covered short positions at (5) 87.043 and (2) 85.406 and (3) 86.612 and (6) 85.694.
EURAUD - Monthly MACD is going up higher on the upper side and STOC has been in overbought level, so this is a chance to sell it - We are now holding covered short positions at (2) 1.47738 and (3) 1.51298 and (1) 1.47558 and (4) 1.50210 and (5) 1.50285 and (6) 1.50853.
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) 9.45911 and (6) 9.49265 and (3) 9.25080 and (2) 9.31772.
EURUSD - Monthly MACD is going higher after crossing zero line and STOC is already making a cross downward, so it's a chance to sell this pair - Last week on 11/24 we closed some of our positions and took a profit of 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 and (1) 1.18530.
USDCHF - Monthly MACD is going down to the zero line and STOC is nearly touching the mid level, so it's still a chance to sell this pair for a bit more - Last week on 11/24 we closed some of our positions and took a profit of 101 pips. We are now holding covered short positions at (2) 0.96685 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.