Market Watch

Yesterday: 564 pip
This week: 2126 pips
This month: 3434 pips

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 – Yesteday 3/15 we closed some of our positions and took a profit of 175 pips. We are now holding temporary long positions at (4) 91.388 and (2) 84.394 and (3) 84.203 and short positions at (5) 82.842 and (1) 82.888.

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 – We are now holding covered short positions at (5) 0.77848 and temporary long positions at (1) 0.78856.

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 – Yesteday 3/15 we closed some of our positions and took a profit of 47 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) 0.72673.

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 – Yesteday 3/15 we closed some of our positions and took a profit of 57 pips. We are now holding temporary long positions at (4) 111.653 and (1) 113.081 and (2) 111.678 and short positions at (5) 111.621.

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) 1.55404 and (1) 1.53551 and (5) 1.54344 and (2) 1.54879 and (3) 1.56376 and (6) 1.55226.

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 – Yesteday 3/15 we closed some of our positions and took a profit of 160 pips. We are now holding covered short positions at (1) 9.48376 and (5) 9.50108 and (2) 9.56193 and temporary long positions at (3) 9.70252 and (4) 9.50497.

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 – Yesteday 3/15 we closed some of our positions and took a profit of 34 pips. We are now holding temporary long positions at (1) 78.451 and short positions at (2) 77.091 and (5) 77.125.

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 – Yesteday 3/15 we closed some of our positions and took a profit of 91 pips. We are now holding temporary covered short positions at (4) 1.26637 and (1) 1.28951 and (5) 1.29383 and (2) 1.28380.

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 – We are now holding long positions at (4) 8.00544 and (6) 8.01280 and (2) 7.95001 and temporary short positions at (5) 7.72420.

(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.