Market Watch

Yesterday: 227 pips
This week: 227 pips
This month: 1502 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 – We are now holding temporary long positions at (1) 0.99922 and (5) 0.98265 and (4) 0.97808.

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 4/9 we closed some of our positions and took a profit of 52 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) 0.73439.

AUDJPY (Apr) – The monthly MACD is on a downward path after a cross at the zero line and STOC is entering into the overbought level, so this is still a chance to sell it a bit more – Yesterday 4/9 we closed some of our positions and took a profit of 47 pips. We are now holding temporary long positions at (4) 91.388 and (2) 83.091 and (3) 84.203 and (6) 82.156 and short positions at (5) 81.450 and (1) 82.143.

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 – We are now holding temporary long positions at (1) 1.07621.

CHFJPY (Apr) – Monthly MACD already made a cross downward at the zero line and STOC is reaching down to the overbought level, so this is a chance to sell this pair – We are now holding temporary long positions at (4) 111.653 and (1) 113.081 and (2) 111.678 and short positions at (5) 110.937 and (2) 111.481.

EURGBP (Apr) – The monthly MACD is on a downward path after a cross on the upper side and STOC is going under the mid level, so this is a chance to sell it – We are now holding covered short positions at (5) 0.82695 and temporary long positions at (1) 0.88109.

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 – We are now holding temporary short positions at (5) 75.773 and (2) 78.228 and (1) 78.446.

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 – We are now holding long positions at (5) 1.28908 and (1) 1.27623 and (4) 1.27064.

USDJPY (Apr) – Monthly MACD is lingering right under the zero line and STOC is already in the oversold level, so it is a chance to buy this pair – Yesterday 4/9 we closed some of our positions and took a profit of 80 pips. We are now holding covered long positions at (4) 107.298 and (1) 107.099 and temporary short positions at (5) 104.872 and (2) 106.735.

USDNOK (Apr) – Monthly MACD is already passing down the zero line and STOC is going sideway in the oversold area, so it is a chance to buy it – Yesterday 4/9 we closed some of our positions and took a profit of 48 (480) 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.

(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.