Market Watch

Yesterday: 202 pips
This week: 202 pips
This month: 3184 pips

CADJPY (Feb) – The monthly MACD is going sideway at the zero line and STOC is going down from the overbought area after making a cross, so it’s the chance to sell it – 5/8 24 pips. We are now holding covered short positions at (2) 85.406 and (6) 85.694 and temporary long positions at (4) 86.389 and (1) 85.916.

EURGBP (Feb) – 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 – We are now holding covered short positions at (5) 0.82695 and (4) 0.88799.

GBPAUD (Feb) – Monthly MACD seems unable to reach higher from the underside and STOC is going to make a cross downward at the oversold area, so this is a chance to sell it – Yesterday 2/12 we closed some of our positions and took a profit of 202 pips. We are still holding short positions at (5) 1.66761 and (1) 1.66139.

USDJPY (Feb) – Monthly MACD continues to go sideway at the zero line and STOC is going down after a cross, so it is a chance to sell this pair – We are now holding temporary long positions at (4) 108.507.

(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.