Market Watch

Last week: 124 pips
This week: 781 pips
This month: 3122

AUDCHF (Jan) - Monthly MACD is passing up the zero line and STOC is going side with the tendency to make a crossover, so it is a chance to sell this pair - Yesterday 1/25 we closed some of our positions and took a profit of 267 pips. We are now holding covered short positions at (4) 0.76417 and (5) 0.76288 and (3) 0.76414.

AUDNZD (Jan) - Its monthly MACD is slowing down after passing the zero line and STOC is coming back down from the overbought level, so this is a chance to sell it - On 1/19 we closed some of our positions and took a profit of 124 pips. We are now holding positions at (4) 1.08832.

CADCHF (Jan) - Monthly MACD is passing the zero line and STOC is reaching back to the overbought area, so it's is a chance to sell this pair - On 1/23 we closed some of our positions and took a profit of 80 pips and yesterday 1/25 we took a profit of 75 pips. We are now waiting for another chance to get back in.

EURCAD (Jan) - Monthly MACD is turning down a little bit on the upper side and STOC is going to make a cross downward from the overbought level, so it's a chance to sell this pair - We are now holding short positions at (4) 1.50875 and (1) 1.52374 and (5) 1.52966.

EURGBP (Jan) - The monthly MACD already made a cross downward from high on the upper side and STOC is going sideway near the mid level, so this is a chance to sell it - On 1/22 we closed some of our positions and took a profit of 93 pips. We are now holding covered short positions at (5) 0.82695.

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 - Yesterday 1/25 we closed some of our positions and took a profit of 266 pips. We are now holding temporary covered short positions at (4) 0.69615 and (5) 0.70593 and (3) 0.69463 and (1) 0.69975.

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 - We are now holding temporary long positions at (4) 0.95910 and (5) 0.93116.

USDJPY (Jan) - Monthly MACD seems unable to go higher from the zero line and continue to go sideway from February 2017 and STOC is starting to go down after a cross, so it is a chance to sell this pair - We are now holding long positions at (4) 110.337.

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 - We are now holding long positions at (4) 8.00544 and (1) 8.11717 and (5) 8.07399 and (6) 8.01280 and (2) 7.95001 and (3) 7.84694.

(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.