Market Watch
Yesterday: 147 pips
This week: 1153 pips
This month: 2461 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 3/13 we closed some of our positions and took a profit of 11 pips. We are now holding short positions at (4) 0.73763 and (5) 0.74149 and temporary long positions at (1) 0.74409.
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 – We are now holding temporary long positions at (1) 85.562 and (4) 91.388 and (2) 84.394 and (3) 84.203 and short positions at (5) 83.681 and (1) 83.821.
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 3/13 we closed some of our positions and took a profit 44 pips. We are now holding temporary covered long positions at (4) 0.74962 and (1) 0.74618 and (3) 0.74425 and (6) 0.74114 and short positions at (5) 0.73169.
CHFJPY (Mar) – Monthly MACD is slowing down back to the zero line and STOC is going down after a cross at the overbought level, so this is a chance to sell this pair – On 3/13 we closed some of our positions and took a profit 11 pips. We are now holding temporary long positions at (4) 114.175 and (1) 113.081 and short positions at (2) 113.113 and (5) 112.883.
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 – On 3/13 we closed some of our positions and took a profit 66 pips. We are now holding temporary covered short positions at (4) 1.26637 and (1) 1.27580 and (5) 1.28087 and (2) 1.28380 and long positions at (3) 1.29771.
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 3/13 we closed some of our positions and took a profit 15 pips. We are now holding temporary long positions at (4) 0.95910 and (1) 0.94229 and short positions (5) 0.94780.
(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.