Market Watch

Yesterday: 187 pips
This week: 869
This month: 4303

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 – Yesterday we closed some of our positions and took a profit of 50 pips. We are now holding covered short positions at (4) 0.73448 and (5) 0. 73152 and temporary long positions at (1) 0.74787.

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 – Yesterday we closed some of our positions and took a profit of 64 pips. We are now holding short positions at (5) 1.06567 and temporary long positions at (1) 1.07621.

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.

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 – Yesterday we closed some of our positions and took a profit of 39 pips. We are now holding covered short positions at (5) 0.82695 and (4) 0.87757 and long positions at (1) 0.88718.

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 – Yesterday we closed some of our positions and took a profit of 34 (339) 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) 9.54215.

(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.