Market Watch
Yesterday: 554 pips
This week: 593 pips
This month: 593 pips
AUDCAD (Apr) – Monthly MACD continues its downward path to the zero line and STOC is slowing down under mid level, so this is still a chance to sell it – Yesterday 4/3 we closed some of our positions and took a profit of 134 pips. We are now holding covered short positions at (4) 0.98264 and temporary long positions at (1) 0.99922 and (5) 0.98265.
AUDCHF (Apr) – Monthly MACD is making a cross downward right under the zero line and STOC is reaching down almost to the oversold area, so it is a chance to sell this pair – Yesterday 4/3 we closed some of our positions and took a profit of 44 pips. We are now holding covered short positions at (4) 0.72994 and (5) 0.72750 and temporary long positions at (1) 0.74787 and (2) 0.73617.
CADCHF (Apr) – Monthly MACD already made a cross downward and STOC is hovering above the overbought area, so it’s is still a chance to sell this pair a little more – Yesterday 4/3 we closed some of our positions and took a profit of 77 pips. We are now holding temporary covered long positions at (4) 0.74962 and (6) 0.74114 and short positions at (5) 0.72673 and (2) 0.73598.
EURCAD (Apr) – Monthly MACD is starting to slow down on the upper side and STOC already made a cross downward inside the overbought area, so it’s a chance to sell this pair – Yesterday 4/3 we closed some of our positions and took a profit of 64 pips. 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.
NZDCHF (Apr) – The monthly MACD is slowing down near the zero line while STOC is making a crossover at the oversold level, so this is a chance to buy it – Yesterday 4/3 we closed some of our positions and took a profit of 46 pips. We are now holding temporary short positions at (1) 0.68315 and (5) 0.68283 and (2) 0.68958 and long positions at (4) 0.69636.
NZDJPY (Apr) – The monthly MACD is slowly turning down from the zero line and STOC is already in the oversold level, so it’s a chance to turn and buy it – Yesterday 4/3 we closed some of our positions and took a profit of 99 pips. We are now holding long positions at (1) 78.451 and (2) 76.333 and temporary short positions at (5) 75.773.
USDCAD (Apr) – 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 it up – Yesterday 4/3 we closed some of our positions and took a profit of 92 pips. We are now holding temporary covered short positions at (4) 1.26637 and (1) 1.27977 and (2) 1.28380 and long positions at (5) 1.28908.
USDCHF (Apr) – Monthly MACD is going sideway under the zero line and STOC already made a crossover out of the oversold level, so it’s a chance to buy it – Yesterday 4/3 we closed some of our positions and took a profit of 31 pips. We are now holding long positions at (1) 0.95617 and short positions (5) 0.94404 and (2) 0.94702 and (4) 0.95844.
(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.