Market Watch
Yesterday: 49 pips
This week: 584 pips
This month: 4263 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 and (2) 0.97398.
GBPNZD (Apr) – The monthly MACD is almost touching the zero line and STOC is turning up a cross at the oversold level, so this is a chance to sell it – We are now holding covered short positions at (1) 1.83716 and (4) 1.83649 and (5) 1.84810 and (2) 1.96747.
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 4/24 we closed some of our positions and took a profit of 31 pips. We are now holding temporary covered short positions at (1) 0.90480 and (4) 0.90828 and (3) 0.90890 and long positions at (6) 0.92192 and (2) 0.92177 and (5) 0.91424.
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 – 4/23 47/38 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 and (6) 0.69665.
NZDUSD (Apr) – Monthly MACD is going side way at the zero line and STOC is turning down for a cross at mid level, so it’s a chance to buy this pair – Yesterday 4/24 we closed some of our positions and took a profit of 18 pips. We are now holding temporary covered short positions at (1) 0.70408 and (4) 0.70748 and (5) 0.70922 and (2) 0.70245 and (3) 0.70683 and long positions at (6) 0.71256.
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 – We are now holding long positions at (4) 8.00544 and (6) 8.01280 and (2) 7.95001 and temporary covered short positions at (5) 7.79139 and (1) 7.87389 and (3) 7.89594.
(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.