Market Watch

Last week: 84 pips
This week: 156 pips
This month: 3362 pips

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 1/29 we closed some of our positions and took a profit of 156 pips. We are now waiting for another chance to get back in.

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 - Last Friday 1/26 we closed some of our positions and took a profit of 84 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.

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) 1.23860 and (5) 1.24792 and (2) 1.26374 and (3) 1.25879 and (6) 1.25669.

(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.