Market Watch

Yesterday: 974 pips
This week: 1499 pips
This month: 5396 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 - Yesterday 12/21 we closed some of our positions and took a profit of 69 pips. We are now holding short positions at (1) 0.97815 and (2) 0.98542 and (5) 0.98631.

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) 0.76288.

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 - We are now holding short positions at (1) 0.76717 and (5) 0.77032 and (2) 0.77132.

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 - Yesterday 12/21 we closed some of our positions and took a profit of 227 pips. We are now holding covered short positions at (1) 0.76010 and (6) 0.75012 and (5) 0.76329 and (2) 0.77848.

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 - Yesterday 12/21 we closed some of our positions and took a profit of 286 pips. We are still holding short positions at (1) 1.50188 and (5) 1.50175 and (4) 1.51826 and (2) 1.51681.

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 12/21 we closed some of our positions and took a profit of 67 pips. We are now holding temporary short positions at (1) 0.88870 and (4) 0.88966 and and (5) 0.89281 and (2) 0.89795.

NZDJPY (Dec) - The monthly MACD is going sideway 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 - We are now holding short positions at (1) 78.355 and (5) 78.631 and (2) 79.043 and (3) 79.567.

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 - We are now holding temporary covered short positions at (1) 0.69951 and (4) .70066 and (5) 0.70181.

USDCAD (Dec) - The monthly MACD is almost touching 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 12/21 we closed some of our positions and took a profit of 219 pips. We are now waiting for another chance to get back into the market.

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 - Yesterday 12/21 we closed some of our positions and took a profit of 106 (1055) pips. We are now holding temporary covered short positions at (5) 8.12513 and (4) 8.22983 and (1) 8.17546 and (2) 8.30883.

(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.