Market Watch

Yesterday: 400 pips
This week: 605 pips
This month: 2509 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 4/17 we closed some of our positions and took a profit of 44 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 (1) 0.75014.

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 4/17 we closed some of our positions and took a profit of 50 pips. We are now holding temporary long positions at (4) 91.388 and (3) 84.203 and (6) 83.202 and short positions at (5) 81.450 and (1) 82.143 and (2) 83.162.

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 and (3) 1.05944.

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 4/17 we closed some of our positions and took a profit of 34 pips. 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) 0.76724.

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 – Yesterday 4/17 we closed some of our positions and took a profit of 66 pips. We are now holding temporary long positions at (4) 111.653 and (1) 113.081 and (2) 111.126 and (5) 110.897.

NZDCAD (Apr) – Monthly MACD is going to make a cross at the zero line and STOC is slowing down at mid level, so this is a chance to buy it – Yesterday 4/17 we closed some of our positions and took a profit of 33 pips. We are now holding temporary covered short positions at (1) 0.90480 and (4) 0.90828 and (3) 0.90890 and (5) 0.91723 and long positions at (6) 0.92192 and (2) 0.92177.

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 4/17 we closed some of our positions and took a profit of 21 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 (6) 0.70863.

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 4/17 we closed some of our positions and took a profit of 36 pips. We are now holding temporary short positions at (5) 75.773 and (2) 78.228 and (1) 78.446 and long positions at (3) 78.582.

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 4/17 we closed some of our positions and took a profit of 22 pips. We are now holding long covered positions at (5) 1.27440 and (1) 1.27623 and (4) 1.27064 and (3) 1.25806.

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 4/17 we closed some of our positions and took a profit of 61 pips. We are now holding short positions (5) 0.94404 and (2) 0.94702 and (4) 0.95431 and (1) 0.96455.

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 4/17 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 (1) 7.76314 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.