Market Watch

Yesterday: 466 pips
This week: 1617 pips
This month: 5051 pips

AUDCAD (Mar) – Its monthly MACD is turning up from the zero line and STOC is at the mid level, so this is still a chance to sell it – Yesterday 3/22 we closed some of our positions and took a profit of 98 pips. We are now holding covered short positions at (4) 0.99445 and (5) 0.99569.

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 3/22 we closed some of our positions and took a profit of 43 pips. We are now holding covered short positions at (4) 0.72994 and (5) 0. 73152 and temporary long positions at (1) 0.74787.

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 – Yesterday 3/22 we closed some of our positions and took a profit of 80 pips. We are now holding temporary long positions at (4) 91.388 and (2) 83.091 and (3) 84.203 and (1) 81.080 and short positions at (5) 81.450.

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 – Yesterday 3/22 we closed some of our positions and took a profit of 70 pips. We are now holding short positions at (4) 1.31119 and (5) 1.31678 and (1) 1.33508.

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 – Yesterday 3/22 we closed some of our positions and took a profit of 31 pips. We are now holding temporary short positions at (1) 0.68315 and (5) 0.68283 and long positions at (4) 0.69127.

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 – Yesterday 3/22 we closed some of our positions and took a profit of 40 pips. We are now holding temporary long positions at (1) 78.451 and short positions at (5) 75.773.

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 – Yesterday 3/22 we closed some of our positions and took a profit of 104 pips. We are now holding covered long positions at (4) 107.298 and (1) 107.567 and temporary short positions at (5) 104.872.

(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.