Market Watch

Yesterday: 332 pips
This week: 893
This month: 923 pips

AUDCHF (Mar) – Monthly MACD is making a cross downward right under the zero line and STOC is going down to the oversold area, so it is a chance to sell this pair – On 3/8 we closed some of our positions and took a profit of 20 pips. We are now holding temporary long positions at (1) 0.74137 and (5) 0.73966 and short positions at (4) 0.73763 and short positions at (5) 0.74149.

AUDJPY (Mar) – The monthly MACD is making a cross downward at the zero line and STOC is going down to the overbought level, so this is a chance to sell it – On 3/8 we closed some of our positions break even level. We are now holding temporary long positions at (1) 85.562 and (4) 91.388 and (5) 84.605 and (2) 83.694 and (3) 83.527.

AUDNZD (Mar) – Its monthly MACD is turning down to make a cross at the zero line and STOC is coming back down from the overbought level, so this is a chance to sell it – On 3/8 we closed some of our positions and took a profit of 41 pips. We are now holding temporary long positions at (4) 1.07853 and (5) 1.06860 and short positions at (1) 1.07419 and (3) 1.07144.

AUDUSD (Mar) – Monthly MACD is going to make a cross downward at the zero line and STOC is slowing down right under the overbought area, so it’s a chance to sell this pair – On 3/8 we closed some of our positions and took a profit of 56 pips. We are now holding covered short positions at (3) 0.77782 and (5) 0.77848 and temporary long positions at (1) 0.78244 and (2) 0.77757.

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 – On 3/8 we closed some of our positions and took a profit of 13 pips. We are now holding temporary covered long positions at (4) 0.74962 and (1) 0.74618 and (5) 0.74060 and (2) 0.73635 and (3) 0.74425 and (6) 0.74114.

EURNOK (Mar) – Monthly MACD is going sideway on the upper side and STOC is slowing down after coming out from the overbought area, so it is a chance to sell this pair – We are now holding covered short positions at (1) 9.48376 and (5) 9.51554 and (4) 9.45911 and (6) 9.49265 and (2) 9.56193 and temporary long positions at (3) 9.70252.

NZDCHF (Mar) – The monthly MACD is slowing down under the zero line while STOC is making a crossover at the oversold level, so this is a chance to buy it – On 3/8 we closed some of our positions and took a profit of 82 pips. We are now holding long positions at (2) 0.69206 and temporary short positions at (1) 0.68681 and (5) 0.68844 and (4) 0.69084.

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 – On 3/8 we closed some of our positions and took a profit of 109 pips. We are now holding temporary long positions at (1) 77.847 and short positions at (2) 77.091 and (5) 77.493.

USDCHF (Mar) – Monthly MACD is going down under the zero line and STOC is going sideway at the oversold level, so it’s still a chance to sell this pair for a bit more – On 3/8 we closed some of our positions and took a profit of 67 pips. We are now holding temporary long positions at (4) 0.95910 and (1) 0.94229 and short positions (5) 0.94780 and (6) 0.95184.

USDNOK (Mar) – Monthly MACD is already passing down the zero line and STOC is going into the oversold area, so it is a chance to buy it – On 3/8 we closed some of our positions at break even level. We are now holding long positions at (4) 8.00544 and (6) 8.01280 and (2) 7.95001 and temporary short positions at (1) 7.80312 and (5) 7.84501.

(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.