Market Watch

Yesterday: 402 pips
This week: 629 pips
This month: 1904 pips

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 4/10 we closed some of our positions and took a profit of 21 pips. We are now holding covered short positions at (4) 0.72994 and (5) 0.72750 and (3) 0.74155 and (2) 0.74237 and temporary long positions at (1) 0.74787.

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 4/10 we closed some of our positions and took a profit of 106 pips. We are now holding temporary long positions at (4) 91.388 and (3) 84.203 and short positions at (5) 81.450 and (1) 82.143 and (2) 83.162.

AUDUSD (Apr) – Monthly MACD is going to make a cross at the zero line and STOC is already on a downward path to the overbought area, so it’s a chance to sell this pair – We are now holding covered short positions at (5) 0.76629 and (2) 0.77600 and (3) 0.77603 and temporary long positions at (1) 0.78856.

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 – We are now holding short positions at (5) 0.72673 and (2) 0.73598 and (4) 0.75282 and (1) 0.75881.

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 4/10 we closed some of our positions and took a profit of 60 pips. We are now holding short positions at (5) 83.817 and (3) 83.999 and (4) 85.033 and (1) 84.951.

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 and (3) 112.025.

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 4/10 we closed some of our positions and took a profit of 138 pips. We are now holding covered short positions at (4) 1.55404 and (5) 1.54344 and (2) 1.54879 and temporary long positions at (1) 1.55719.

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 – We are now holding temporary short positions at (1) 0.68315 and (5) 0.69234 and (2) 0.68958 and (4) 0.79379 and (3) 0.70493,

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 and (3) 78.947.

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 covered positions at (5) 1.27440 and (1) 1.27623 and (4) 1.27064 and (2) 1.26044.

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 4/10 we closed some of our positions and took a profit of 44 pips. We are now holding long positions at (1) 0.95617 and short positions (5) 0.94404 and (2) 0.94702 and (4) 0.95431.

USDJPY (Apr) – Monthly MACD is lingering right under the zero line after making a cross downward and STOC is going sideway in the oversold level, so it is a chance to buy this pair – We are now holding 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 4/10 we closed some of our positions and took a profit of 33 (329) pips. We are now holding long positions at (4) 8.00544 and (6) 8.01280 and (2) 7.95001 and (3) 7.81399 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.