Market Watch

Yesterday: 444 pips
This week: 525 pips
This month: 4422 pips

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 - On 12/19 we closed some of our positions and took a profit of 42 pips. We are now holding short positions at (1) 0.75644 and (4) 0.75797.

AUDJPY (Dec) - The monthly MACD is going sideway 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 - We are now holding short positions at (1) 86.347 and (5) 86.499 and (2) 86.799 and long positions at (4) 91.388

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 12/19 we closed some of our positions and took a profit of 59 pips. We are now holding short positions at (1) 1.10081.

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 - On 12/20 we closed our temporary long positions and took a profit of 60 pips We are now holding covered short positions at (2) 85.406 and (3) 86.612 and (6) 85.694.

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 (1) 113.350 and (4) 113.755.

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) 1.50188 and (5) 1.50175 and (4) 1.51826 and (2) 1.51681 and (3) 1.52319 and (6) 1.52676.

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 - We are now holding covered short positions at (5) 0.82695 (4) 0.88573.

EURUSD - Monthly MACD is slowing down after crossing zero line and STOC is already making a cross downward, so it's a chanc to sell this pair - 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) 1.18795 and (4) 1.18795.

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 - Yesterday 12/20 we closed some of our positions and took a profit of 59 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.

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 - Yesterday 12/20 we closed some of our positions and took a profit of 133 pips. We are now holding temporary short positions at (1) 0.68513 and (4) 0.68793 and (2) 0.69173 and (5) 0.69194.

NZDUSD (Dec) - Monthly MACD is going sideway right under the zero line after making a cross and STOC is already entering the oversold area, so it's a chance to buy this pair - On 12/19 we closed some of our positions and took a profit of 31 pips. We are now holding temporary covered short positions at (1) 0.69951 and (4) .70066.

USDCAD - The monthly MACD is going sideway near the zero line and STOC is reaching to the mid level, so this is the time to wait and go according to market opportunity - Yesterday 12/20 we closed some of our positions and took a profit of 60 pips. We are now holding short positions at (4) 1.27792 and (1) 1.28575 and (5) 1.28388.

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 - We are now holding temporary covered short positions at (5) 8.12513 and (4) 8.22983 and (1) 8.17546 and (6) 8.37130 and (3) 8.38581.

(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.