Market Watch

Last week: 126 pips
This week: 652 pips
Last month: 5522 pips

AUDCAD (Jan) - Its monthly MACD is touching 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 - Last week on 12/28 we closed some of our positions and took a profit of 61 pips. We are now holding short positions at (1) 0.97815.

AUDJPY (Jan) - The monthly MACD is passing 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) 87.200 and (2) 86.799 and (3) 87.655 and (6) 87.370 and long positions at (4) 91.388.

AUDUSD (Jan) - Monthly MACD is coming up right under the zero line and STOC is turning back to the overbought area, so it's a chance to sell this pair - We are now holding covered short positions at (1) 0.77315 and (5) 0.77032 and (2) 0.77132 and (6) 0.77764 and (3) 0.78343.

CHFJPY (Jan) - Monthly MACD is trying to go higher up from the zero line and STOC is leaving the overbought area after making a cross downward, so this is a chance to sell this pair - Yesterday 1/3 we closed some of our positions and took a profit of 58 pips. We are still holding covered short positions at (3) 112.913 and (1) 113.350 and (4) 113.755.

EURUSD (Jan) - Monthly MACD is slowing down after crossing zero line and STOC is already high in the overbought area, so it's a chance 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) 1.19243.

GBPAUD (Jan) - Monthly MACD seems unable to reach higher from the underside and STOC is going sideway at the oversold area, so this is a chance to sell it - On 1/2 we closed some of our positions and took a profit of 88 pips. We are now holding short positions at (5) 1.66761 and (1) 1.66139 and temporary long positions at (2) 1.75186.

GBPCAD (Jan) - 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 - On 1/2 we closed some of our positions at break even level and we are now holding short positions at (1) 1.67467 and (4) 1.66698 and (5) 1.63658.

GBPNZD (Jan) - The monthly MACD is slowing down on the way up to the zero line and STOC is turning down in the oversold area, so this is a chance to sell it - On 1/2 we closed some of our positions and took a profit of 231 pips. We are now holding covered short positions at (1) 1.83716 and (4) 1.83649 and (5) 1.84810.

GBPUSD (Jan) - Monthly MACS is trying to reach higher to the zero line and STOC is already high in the overbought area, so it's a chance to sell this pair - Yesterday 1/3 we closed some of our positions and took a profit of 79 pips. We are now holding covered short positions at (1) 1.28386 and (2) 1.27961 and (3) 1.29396 and (6) 1.31014 and (5) 1.35934.

NZDCAD (Jan) - Monthly MACD is slowing down 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 12/28 we closed some of our positions and took a profit of 65 and on 1/2 took a profit of 41 pips. We are now holding temporary short positions at (1) 0.88870 and (4) 0.88966.

NZDCHF (Jan) - The monthly MACD is lingering right under the zero line while STOC is going sideway at the oversold area, so this is a chance to buy it - On 1/2 we closed some of our positions and took a profit of 104 pips. We are now holding temporary covered short positions at (4) 0.68793 and (2) 0.69173 and (5) 0.69194 and (3) 0.69463.

NZDUSD (Jan) - Monthly MACD is going sideway right under the zero line after making a cross and STOC is already heading out of the oversold area, so it's a chance to buy this pair - We are now holding temporary covered short positions at (1) 0.70408 and (4) .70066 and (5) 0.70181 and (2) 0.70245 and (6) 0.70438 and (3) 0.70683.

USDCAD (Jan) - The monthly MACD is already passing the zero line and STOC is turning back to the oversold 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 and (3) 1.25879 and (6) 1.25669.

USDCHF (Jan) - Monthly MACD is holdinng up right above the zero line and STOC is turning down to the oversold area, so it's still a chance to sell this pair for a bit more - Yesterday 1/3 we closed some of our positions and took a profit of 56 pips. We are now holding covered short positions at (2) 0.96685 and temporary long positions at (1) 0.97912 and (4) 0.97237.

USDNOK (Jan) - Monthly MACD has been going sideway right above the zero line from October last year and STOC is slowing down, unable to pass the mid level after a crosss, so it is a chance to enter according to minor market direction - On 1/2 we closed some of our positions and took a profit of 36 (357) pips. We are now holding long positions at (4) 8.12745 and (1) 8.11717.

(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.

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