Market Watch
Yesterday: 89 pips
This week: 673 pips
This month: 4352 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 covered long positions at (1) 0.98582 and (5) 0.98265 and (4) 0.97589 and (2) 0.97398.
CADJPY (Apr) – The monthly MACD already made a cross downward and STOC is reaching at the oversold level, so it’s still a chance to sell it a bit more – We are now holding short positions at (5) 83.817 and (3) 83.999 and (4) 85.033.
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 – We are now holding temporary long positions at (4) 111.653 and (1) 113.081 and (2) 111.126.
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 4/25 we closed some of our positions and took a profit of 33 pips. We are now holding covered short positions at (5) 0.82695 and temporary long positions at (1) 0.88109.
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 – We are now holding temporary covered short positions at (1) 0.90480 and (3) 0.90890 and long positions at (6) 0.92192 and (2) 0.92177 and (5) 0.91424.
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 – We are now holding temporary short positions at (5) 75.773 and long positions at (3) 78.582 and (1) 77.975 and (2) 77.323.
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 4/25 we closed some of our positions and took a profit of 56 pips. We are now holding temporary covered short positions at (1) 0.70408 and long positions at (6) 0.71256 and (2) 0.70674.
(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.