Market Watch

Yesterday: 540 pips
This week: 1432 pips
This month: 3336 pips

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 – Yesterday 4/19 we closed some of our positions and took a profit of 182 pips. We are now holding covered short positions at (5) 0.76629 and (2) 0.77600.

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 4/19 we closed some of our positions and took a profit of 21 pips. We are now holding temporary long positions at (4) 111.653 and (1) 113.081 and (2) 111.126 and short positions at (5) 110.964.

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 (4) 0.87651 and temporary long positions at (1) 0.88109.

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 – Yesterday 4/19 we closed some of our positions and took a profit of 115 pips. We are waiting for another chance to get back in.

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 4/19 we closed some of our positions and took a profit of 43 pips. We are now holding temporary short positions at (5) 75.773 and (2) 78.228 and long positions at (3) 78.582 and (1) 0.77975.

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 4/19 we closed some of our positions and took a profit of 86 pips. We are now holding long covered positions at (5) 1.27440 and (1) 1.27623 and (4) 1.27064.

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 short positions (5) 0.94404 and (2) 0.94702 and (4) 0.95431 and (1) 0.96455 and 0.97155.

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 6/19 we closed some of our positions and took a profit of 60 pips. We are now holding temporary short positions at (5) 104.872 and (2) 106.735 and (1) 107.339 and long positions at (4) 107.360.

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 4/19 we closed some of our positions and took a profit of 33 (330) 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.