Market Watch

Yesterday: 535 pips
This week: 535 pips
This month: 4214 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 – We are now holding temporary long positions at (1) 0.99922 and (5) 0.98265 and (4) 0.97589.

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 4/23 we closed some of our positions and took a profit of 74 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 long positions at (1) 0.74350.

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 4/23 we closed some of our positions and took a profit of 58 pips. We are now holding temporary long positions at (4) 91.388 and (3) 84.203 and (2) 82.613 and short positions at (5) 81.450 and (1) 82.143.

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) 1.06238 and (3) 1.05944 and (6) 1.06287.

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 – We are now holding temporary long positions at (1) 0.76752 and (5) 0.76376 and (2) 0.75889.

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 4/23 we closed some of our positions and took a profit of 56 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.

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 4/23 we closed some of our positions and took a profit of 45 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) 111.174.

EURCAD (Apr) – Monthly MACD is starting to slow down on the upper side and STOC already made a cross downward inside the overbought area, so it’s a chance to sell this pair – 4/11 break even. We are now holding covered short positions at (4) 1.55404 and (5) 1.54344 and (2) 1.54879 and (1) 1.56811.

GBPCHF (Apr) – Monthly MACD is reaching up almost to the zero line and STOC is down at the overbought level, so it’s a chance to sell this pair – Yesterday 4/23 we closed some of our positions and took a profit of 121 pips. We are now holding short positions at (4) 1.31119 and (5) 1.31678 and (1) 1.33508.

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 4/23 we closed some of our positions and took a profit of 85 pips. We are now holding covered short positions at (1) 0.69542 and (5) 0.69234 and (2) 0.68958 and long positions at (4) 0.69975.

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 4/23 we closed some of our positions and took a profit of 48 pips. We are now holding short positions at (5) 1.27521 and (1) 1.28178.

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) 0.96106 and (2) 0.94702 and (4) 0.95431 and (1) 0.96455 and 0.97155 and (6) 0.97485.

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 – 6/20 44 pips. We are now holding temporary short positions at (5) 106.654 and (2) 106.735 and (1) 107.339 and (4) 108.428 and (3) 108.761.

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 4/23 we closed some of our positions and took a profit of 48 (476) pips. We are now holding long positions at (4) 8.00544 and (6) 8.01280 and (2) 7.95001 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.