Market Watch

Yesterday: 102 pips
This week: 102 pips
This month: 3705 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 – We are now holding temporary long positions at (4) 86.389 and (1) 85.916 and (5) 85.390 and (2) 84.534.

GBPCAD (Feb) – The monthly MACD is still trying to reach up to the zero line and STOC is going sideway right under the overbought area, so this is still a chance to sell it – We are now holding covered short positions at (1) 1.67467 and (4) 1.66698 and (5) 1.70065 and (2) 1.75012 and (3) 0.75768.

NZDCAD (Feb) – Monthly MACD is slowing down after passing the zero line and STOC is already out of the oversold area after a crossover, so this is a chance to buy it – We are now holding temporary short positions at (1) 0.90480 and (4) 0.88966 and (2) 0.90634 and (3) 0.90890 and (5) 0.90420 and (6) 0.92516

NZDJPY (Feb) – The monthly MACD seems unable to go higher from the zero line and STOC is going side way near the middle line, therefore it’s a chance to sell it – Yesterday 2/19 we closed our last positions and took a profit of 102 pips. We are now waiting for another chance to get back in.

(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.