Market Watch

Yesterday: 287 pips
This week: 892 pips
This month: 2796 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 4/18 we closed some of our positions and took a profit of 132 pips. We are now holding temporary long positions at (1) 0.99922 and (5) 0.98265.

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 4/18 we closed some of our positions and took a profit of 26 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.

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 and (6) 1.06287.

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 – Yesterday 4/18 we closed some of our positions and took a profit of 129 pips. We are now holding covered short positions at (5) 0.82695 and temporary long positions at (1) 0.88109.

(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.