Market Watch
Yesterday: 70 pips
This week: 652 pips
This month: 2848 pips
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 - Yesterday 11/30 we closed some of our positions and took a profit of 15 pips. We are now holding covered short positions at (1) 0.76010 and (6) 0.75012 and (5) 0.76329 and long positions at (3) 0.76934.
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) 1.50905 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 at the overbought level after a crossover, so it's a chance to sell this pair - We are still holding short positions at (1) 1.48032 and (5) 1.50175 and (4) 1.52552 and (2) 1.53340 and (6) 1.53280.
EURNOK - Monthly MACD is trying to reach 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) 9.48376 and (5) 9.51554 and (4) 9.45911 and (6) 9.49265 and (3) 9.25080 and (2) 9.56193.
GBPAUD - Monthly MACD is going up from the underside and STOC is touching the oversold area, so this is a chance to sell it - We are now holding short positions at (5) 1.66761 and (1) 1.66139 and (4) 1.70109 and (2) 1.76068 and (3) 1.77138 and (6) 1.77500.
NZDJPY - This pair's monthly MACD is going to make a cross downward at the zero line and STOC is heading down aftetr a cross right under the overbought area, therefore it's a chance to sell it - Yesterday 11/30 we closed some of our positions and took a profit of 55 pips. We are now holding temporary long positions at (1) 77.963 and (5) 77.219.
(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.