Market Watch

This month: 1089 pips

NZDJPY (May) – 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 buy it – We are now holding temporary short positions at (5) 75.773 and long positions at (3) 77.563 and (1) 77.975 and (2) 77.323 and (6) 76.902.

NZDUSD (May) – Monthly MACD is going side way at the zero line and STOC is going down after a cross at mid level, so it’s a chance to buy this pair – We are now holding temporary long positions at (6) 0.71256 and (2) 0.70674 and (4) 0.70585 and (1) 0.70380 and (5) 0.69952 and (3) 0.70059.

USDCAD (May) – The monthly MACD is slowing down right at the zero line and STOC is going sideway near mid level after a cross, so this is a chance to buy it up – We are now holding short positions at (5) 1.27521 and (1) 1.28178 and (5) 1.28464 and (2) 1.28991.

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.

USDNOK (May) – Monthly MACD is going sideway at the zero line and STOC already made a cross upward out from the oversold area, so it is a chance to buy it – We are now holding temporary covered short positions at (5) 7.79139 and (1) 8.07339 and (3) 7.89594 and (4) 8.01527 and (2) 8.09203.

(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.