Market Watch
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 – We are now holding covered short positions at (4) 0.73895 and (5) 0.73556 and (3) 0.74155 and (2) 0.74237 and (6) 0.74639 and (1) 0.74718.
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 and (4) 0.7296 and (2) 1.05172 and (5) 1.05185.
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 and (3) 0.76225 and (6) 0.76437.
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 and (4) 0.86513.
GBPJPY (Apr) – The monthly MACD is reaching up almost to the zero line and STOC is leaving the overbought area, so it is a chance to sell this pair – We are holding short positions at (5) 152.792.
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 and (6) 0.70959.
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 – We are now holding long positions at (1) 0.95617 and short positions (5) 0.94404 and (2) 0.94702 and (4) 0.95431 and (1) 0.96237.
(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.