Market Watch

Yesterday: 205 pips
This week: 205 pips
This month: 2109 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 4/16 we closed some of our positions and took a profit of 29 pips. We are now holding temporary long positions at (1) 0.99922 and (5) 0.98265 and (4) 0.97808 and (2) 0.97686.

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 4/16 we closed some of our positions and took a profit of 25 pips. 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 long positions at (1) 0.74592.

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 short positions at (5) 1.05747 and (2) 1.05637.

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 long positions at (6) 0.76381.

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 and (2) 0.86353.

EURNOK (Apr) – Monthly MACD is still going sideway on the upper side and STOC is slowing down after coming out from the overbought area, so it is a chance to sell this pair – Yesterday 4/16 we closed some of our positions and took a profit of 29 (288) pips. We are now holding covered short positions at (1) 9.47881 and (5) 9.50108 and (6) 9.61834.

GBPCHF (Mar) – Monthly MACD is reaching up almost to the zero line and STOC is in the overbought level, so it’s a chance to sell this pair – We are now holding short positions at (4) 1.31119 and (5) 1.31678 and (1) 1.33508 and (2) 1.37480.

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 4/16 we closed some of our positions and took a profit of 42 pips. We are now holding covered short positions at (1) 0.69542 and (5) 0.69234 and (2) 0.68958 and (4) 0.79379 and (3) 0.70493 and long positions at (6) 0.70658.

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 4/16 we closed some of our positions and took a profit of 40 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 and (1) 0.96237.

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 – Yesterday 4/16 we closed some of our positions and took a profit of 40 pips. We are now holding temporary short positions at (5) 104.872 and (2) 106.735 and (4) 107.556.

(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.