Market Watch

Last week and Yesterday: 1055/81 pips
This week: 81 pips
This month: 3978 pips

AUDCAD (Dec) - Its monthly MACD is going down to the zero line and STOC seems to turn up for a cross above the oversold area, this is still a chance to sell it a bit more - On 12/14 we closed some of our positions and took a profit of 64 pips. We are now holding short positions at (1) 0.97815 and (4) 0.98630 and (5) 0.98542.

AUDCHF (Dec) - 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 short positions at (1) 0.75644 and (4) 0.75797 and (5) 0.75895.

AUDNZD (Dec) - Its monthly MACD has the tendency to going down from just above the zero line and STOC is coming back down from the overbought level, so this is a chance to sell it - On 12/13 we closed some of our positions and took a profit of 141 pips. We are still holding temporary long positions at (5) 1.09951 and (1) 1.09263.

AUDUSD (Dec) - 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 - Last week on 12/13 we closed some of our positions and took a profit of 173 pips. We are now holding short positions at (1) 0.76717.

CADCHF (Dec) - 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 -We are now holding covered short positions at (1) 0.76010 and (6) 0.75012 and (5) 0.76329 and temporary long positions at (4) 0.76700 and (2) 0.76608.

CADJPY (Dec) - 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 - We are now holding covered short positions at (2) 85.406 and (3) 86.612 and (6) 85.694 and temporary long positions at (4) 87.417.

CHFJPY (Dec) - 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 - We are still holding covered short positions at (3) 112.913 and temporary long positions at (1) 113.350.

EURCAD (Dec) - Monthly MACD is trying to reach higher on the upper side and STOC is already in 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) 1.51826 and (2) 1.51681.

EURGBP (Dec) - The monthly MACD already made a cross downward on the upper side and STOC is passing to the mid level, so this is a chance to sell it - Last week on 12/13 we closed some of our positions and took a profit of 75 pips and on 12/15 took a profit 64 pips. We are now holding covered short positions at (5) 0.82695.

GBPAUD (Dec) - Monthly MACD is slowing down still on the underside and STOC seems unable to go higher in the oversold area, so this is a chance to sell it - Last week on 12/13 we closed some of our positions and took a profit of 102 pips and on 12/18 took a profit of 81 pips. We are now holding short positions at (5) 1.66761 and (1) 1.66139 and (4) 1.73218 and temporary long positions at (2) 1.75186.

NZDCAD (Dec) - Monthly MACD is going sideway after passing the zero line and STOC is trying to make a cross over out of the oversold area, so this is a chance to buy it - Last week on 12/14 we closed some of our positions and took a profit of 149 pips. We are now holding temporary short positions at (1) 0.88870 and (4) 0.88966 and and (5) 0.89281 and (6) 0.69499 and (2) 0.89795 and (3) 0.90005 and (6) 0.90085.

NZDCHF (Dec) - The monthly MACD is lingering right under the zero line while STOC is already entering the oversold area, so this is a chance to buy it - We are now holding temporary short positions at (1) 0.68513 and (4) 0.68793 and (2) 0.69173 and (5) 0.69194 and (3) 0.69345 and (6) 0.69499.

USDJPY (Dec) - Monthly MACD seems unable to go higher from the zero line and STOC has been going sideway from April, so it is a chance to sell this pair - Last week on 12/13 we closed some of our positions and took a profit of 91 pips. We are now holding covered short positions at (1) 111.069 and (4) 109.177.

USDNOK (Dec) - Monthly MACD is trying to turn up not right above the zero line and STOC is passing the mid level after a crosss, so it is a chance to buy this pair - Last week on 12/14 we closed some of our positions and took a profit of 196 (1964) pips. We are now holding temporary covered short positions at (5) 8.12513 and (4) 8.22983 and (1) 8.17546.

(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.