Market Watch
GBPAUD
GBPCAD
GBPNZD
EURAUD (SELL) - The weekly STOC has already passed the oversold level and in a wider picture it has the potential to go down at least to 1.4300, so we decide to get in and sell it - Yesterday we closed some of our positions and took a profit of 84 pips. We are now holding at 1.52134.
EURCAD (SELL) - For this pair, this is a rebound we have been waiting for from last month when the weekly MACD started to go under the zero line, so we decide to get in for a sell. Yesterday we closed some of our positions and took a profit of 85 pips. We are now holding at 1.44173.
EURNZD (SELL) - This pair has a rebound from the April low and will go down, at least to 1.5850, so we decide to sell it again - Yesterday we closed some of our positions and took a profit of 297 pips. We are now holding at 1.59777.
GBPAUD (SELL) - With the monthly MACD is still on the upper side and weekly STOC is turning down from the overbought area, we decide to sell this pair again - Yesterday we closed some of our positions and took a profit of 248 pips. We are now holding at 1.93659.
GBPCAD (SELL) - This pair still has the monthly MACD on the upper side and got some distance to sell, at least to 1.8000 level. With a rebound from weekly oversold level, we decide to get in and sell it - Yesterday we closed some of our positions and took a profit of 262 pips. We are now holding at 1.84296.
GBPNZD (SELL) - For the longtime outlook, this pair still has some distance to sell, at least to 2.0300 level, and the weekly STOC has turned down from the oversold area, so we decide to get in again - Yesterday we closed some of our positions and took a profit of 1010 pips. We are now holding at 2.03434.
USDCAD (SELL) - The pair will need some corrections before going down again, at least to 1.2300 level, so we decide to sell it again - Yesterday we closed some of our positions and took a profit of 105 pips. We are now holding at 1.26644.
USDJPY (BUY) - It is an opportunity to buy when the monthly STOC has been in the oversold area for more than 2 months - We covered our long positions and are holding at 107.1660.
(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.