Market Watch

This week: 472 pips
This month: 3834 pips

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 1/31 we closed some of our positions and took a profit of 314 pips. We are now waiting for another chance to get back in.

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 - We are now holding long positions at (4) 0.75775.

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 - We are still holding covered short positions at (3) 112.913 and (1) 113.350 and (4) 116.099 and (5) 117.296.

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 1/30 we closed some of our positions and took a profit of 158 pips. We are now holding temporary covered short positions at (4) 0.69615 and (5) 0.70593 and (3) 0.69463.

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 and (1) 108.655.

(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.