Market Watch
Yesterday: 329 pips
This week: 689 pips
This month: 5740 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 3/28 we closed some of our positions and took a profit of 51 pips. We are now holding covered short positions at (4) 0.98907 and (5) 0.98984 and temporary long positions at (1) 0.99922.
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 – Yesterday 3/28 we closed some of our positions and took a profit of 46 pips. We are now holding covered short positions at (5) 0.76629 and temporary long positions at (1) 0.78856.
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 3/28 we closed some of our positions and took a profit of 91 (912) pips. We are now holding covered short positions at (1) 9.47881 and (5) 9.50108 and (2) 9.56193 and temporary long positions at (3) 9.70252.
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 – Yesterday 3/28 we closed some of our positions and took a profit of 16 pips. We are now holding temporary long positions at (1) 0.95617 and short positions (5) 0.94404 and (2) 0.94702.
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 – Yesterday 3/28 we closed some of our positions and took a profit of 125 (1253) pips. We are now holding long positions at (4) 8.00544 and (6) 8.01280 and (2) 7.95001 and temporary short positions at (5) 7.67348 and (1) 7.82165.
(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.