Market Watch

Last week: 220 pips
This week: 0 pips
This month: 5616 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 - We are now holding covered short positions at (1) 0.75644 and (4) 0.75797 and (5) 0.76288 and (3) 0.76414 and (6) 0.76505 and (2) 0.76102.

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 covered short positions at (1) 87.198 and (5) 86.499 and (2) 86.799 and long positions at (4) 91.388 and (3) 87.665.

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 and (6) 0.77764.

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 (2) 0.77848 and (4) 0.77939.

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 (4) 89.170 and (5) 89.553.

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 - Last week on 12/22 we closed some of positions and took a profit of 195 pips. We are still holding short positions at (1) 1.50188 and (5) 1.50175.

EURUSD - Monthly MACD is slowing down after crossing zero line and STOC is already making a cross downward, so it's a chance to sell this pair - Last week on 12/22 we closed some of positions and took a profit of 25 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) 1.18795 and (4) 1.18979.

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 Friday 12/22 we closed some of our positions at break even level and we are now holding short positions at (5) 1.66761 and (1) 1.66139 and temporary long positions at (2) 1.75186 and (4) 1.73172.

GBPCAD (Dec) - The monthly MACD is slowing down on the underside and STOC is going sideway after passing the mid level, so this is still a chance to sell it - We are now holding short positions at (1) 1.67467 and (4) 1.66698 and (5) 1.63658 and temporary long positions at (2) 1.69792.

GBPNZD (Dec) - The monthly MACD is going sideway on the underside and STOC is turning down in the oversold area, so this is a chance to sell it - Last Friday 12/26 we closed some of our positions at break even level and we are now holding covered short positions at (1) 1.83716 and (4) 1.83649 and (5) 1.84810.

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 covered short positions at (1) 0.69095 and (4) 0.68793 and (2) 0.69173 and (5) 0.69194 and (3) 0.69463 and (6) 0.69651.

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 covered short positions at (1) 79.814 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 and (2) 0.70245 and (6) 0.70438 and (3) 0.70683.

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 - We are now holding long positions at (4) 1. 26970 and (1) 1.26874 and (5) 1.26457 and (2) 1.26374.

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 - 12/26 break even. 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.