Market Watch

Yesterday: 310 pips
This week: 929 pips
This month: 929 pip

AUDCHF (May) – Monthly MACD is touching the zero line and STOC is turning up again for a cross near mid level, so it is a chance to buy this pair – Yesterday 5/3 we closed some of our positions and took a profit of 128 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) 0.75148.

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) 112.914 and (1) 111.655 and (2) 110.256 and (3) 110.414 and (5) 110.348 and (6) 109.937.

EURGBP (May) – The monthly MACD is on a downward path from the upper side and STOC is going sideway at the mid level, so this is a chance to sell it – Yesterday 5/3 we closed some of our positions and took a profit of 19 pips. We are now holding covered short positions at (5) 0.82695 and (4) 0.88012.

GBPCAD (May) – The monthly MACD is going sideway right under the zero line and STOC is making a cross downward at the overbought level, so this is still a chance to sell it – Yesterday 5/3 we closed some of our positions and took a profit of 40 pips. We are now holding covered short positions at (1) 1.67467 and (4) 1.66698 and (5) 1.70065.

NZDCHF (May) – The monthly MACD is lingering positively right under the zero line while STOC is reaching to the mid level, so this is a chance to buy it – Yesterday 5/3 we closed some of our positions and took a profit of 123 pips. We are now holding temporary covered short positions at (1) 0.69542 and (5) 0.69234 and (2) 0.68958.

(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.