Market Watch

Yesterday: 30 pips

AUDUSD (Mar) – Monthly MACD is going sideway at the zero line and STOC is turning back down from the overbought area, so it’s a chance to sell this pair – Yesterday 3/1 we closed some of our positions and took a profit of 30 pips. We are still holding covered short positions at (3) 0.78343.

CADCHF (Mar) – Monthly MACD already made a cross downward and STOC is reaching down to the overbought area, so it’s is still a chance to sell this pair a little more – We are now holding temporary covered long positions at (4) 0.74962 and (1) 0.74618 and (5) 0.74060 and (2) 0.74868 and (3) 0.74425 and (6) 0.74114.

CADJPY (Mar) – The monthly MACD is making a cross downward and STOC is going down to the oversold level, so it’s the chance to sell it – We are now holding temporary long positions at (4) 86.389 and (1) 83.964 and (5) 85.390 and (2) 84.534 and (6) 83.904 and (3) 83.248.

EURAUD (Mar) – Monthly MACD is going up higher on the upper side and STOC also made a crossover high in the overbought area, so this is a chance to sell it – We are now holding covered short positions at (2) 1.50526 and (3) 1.51298 and (1) 1.50905 and (4) 1.50210 and (5) 1.50285 and (6) 1.50853.

EURCAD (Mar) – Monthly MACD is up high on the upper side and STOC is still going high inside the overbought area, 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 (3) 1.56376 and (6) 1.55226.

EURGBP (Mar) – The monthly MACD is still hovering high on the upper side and STOC is slowly up from the mid level after a cross, so this is a chance to sell it – We are now holding covered short positions at (5) 0.82695 and (4) 0.88799 and (1) 0.89388.

GBPCHF (Mar) – Monthly MACD is slowing down on the under side and STOC is going down after making a cross at the overbought level, so it’s a chance to sell this pair – 3/2 59 pips. We are now holding temporarry long positions at (4) 1.28946.

NZDJPY (Mar) – The monthly MACD is slowly turning down from the zero line and STOC is reaching to the oversold level, therefore it’s still a chance to sell it a bit more – We are now holding temporary long positions at (1) 77.847 and (5) 77.520 and (2) 77.122 and (3) 76.810 and (6) 76.264

USDCAD (Mar) – The monthly MACD is going side way right at the zero line and STOC is lingering near the oversold level after a cross, so this is a chance to buy up – We are now holding temporary short positions at (4) 1.26637 and (1) 1.27580 and (5) 1.28087 and (2) 1.28380 and (3) 1.28846.

USDJPY (Mar) – Monthly MACD is slowly turning down from the zero line and STOC is already passing the oversold level, so it is a chance to buy this pair – We are now holding covered long positions at (4) 107.298 and (1) 107.567 and (5) 106.719 and (2) 105.547.

(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.