Market Watch

This month: 3603 pips

AUDNZD (Feb) – Its monthly MACD continue to linger above the zero line and STOC is coming back down from the overbought level, so this is a chance to sell it – We are now holding temporary long positions at (4) 1.08497 and (1) 1.07129.

CADCHF (Feb) – Monthly MACD is slowing down from the zero line and STOC is going down from the overbought area after a cross, so it’s is a chance to sell this pair – We are now holding temporary covered long positions at (4) 0.74962 and (1) 0.74618 and (5) 0.75301 and (2) 0.74868 and (3) 0.74425 and (6) 0.74114.

EURCAD (Feb) – Monthly MACD is up high on the upper side and STOC is going to make a cross downward from inside the overbought level, so it’s a chance to sell this pair – We are now holding covered short positions at (4) 1.52632 and (1) 1.53551 and (5) 1.54344 and (2) 1.54879 and (6) 1.55226.

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 covered long positions at (4) 107.298 and (1) 107.567 and (5) 106.719.

(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.