Market Watch

This week: 619 pips

CADCHF (May) – Monthly MACD is almost touching the zero line and STOC is making a cross upward from the mid level, so it’s is still a chance to sell this pair a little more – We are now holding covered short positions at (5) 0.72673 and (2) 0.75390 and (4) 0.76396 and (1) 0.75881 and (3) 0.76225.

CHFJPY (May) – Monthly MACD is lingering under the zero line after making a cross downward and STOC is almost touching the oversold level, so this is a chance to buy this pair – We are now holding long positions at (4) 111.653 and (1) 111.655 and (2) 111.126 and (3) 110.414 and (5) 110.348 and (6) 109.937.

USDCHF (May) – Monthly MACD already made a crossover right under the zero line and STOC is on the way reaching to the oversold level, so it’s a chance to buy it – We are now holding temporary short positions (5) 0.96106 and (2) 0.97187 and (4) 0.97177 and (1) 0.96455 and 0.97155 and (6) 0.97485.

(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.