Market Watch
Yesterday: 459 pips
This week: 1052 pips
This month: 1052 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 4/4 we closed some of our positions and took a profit of 85 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 4/4 we closed some of our positions and took a profit of 45 pips. We are now holding covered short positions at (4) 0.72994 and (5) 0.72750 and (2) 0.74063 and temporary long positions at (1) 0.74787.
AUDNZD (Apr) – Its monthly MACD already made a cross downward right under the zero line and STOC is reaching down almost to the overbought level, so this is still a chance to sell it a bit more – Yesterday 4/4 we closed some of our positions and took a profit of 40 pips. We are now holding temporary long positions at (1) 1.07621 and (5) 1.05495.
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 4/4 we closed some of our positions and took a profit of 25 pips. We are now holding short positions at (5) 0.72673 and (2) 0.73598 and (4) 0.75282.
CADJPY (Apr) – The monthly MACD already made a cross downward and STOC is reaching at the oversold level, so it’s still a chance to sell it a bit more – Yesterday 4/4 we closed some of our positions and took a profit of 21 pips. We are now holding temporary long positions at (4) 86.389 and (1) 83.964 and (2) 84.534 and (6) 83.904 and short positions at (5) 83.817.
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 4/4 we closed some of our positions and took a profit of 55 pips. We are now holding temporary short positions at (1) 0.68315 and (5) 0.69234 and (2) 0.68958.
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 4/4 we closed some of our positions and took a profit of 79 pips. We are now holding long positions at (1) 78.451 and temporary short positions at (5) 75.773 and (2) 78.161.
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 4/4 we closed some of our positions and took a profit of 73/36 pips. We are now holding temporary covered short positions at (4) 1.26637 and long positions at (5) 1.28908 and (1) 1.27623.
(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.