Market Watch

Yesterday: 535 pips
This week: 974 pips
This month: 2063 pips

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 5/10 we closed some of our positions and took a profit of 39 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) 0.75566.

AUDNZD (May) – Monthly MACD already made a cross downward right under the zero line and STOC is going sideway near the mid level, so this is still a chance to sell it a bit more – Yesterday 5/10 we closed some of our positions and took a profit of 45 pips. We are now holding temporary long positions at (1) 1.07621 and (4) 0.7296 and short positions at (5) 1.06887 and (2) 1.06238 and (3) 1.05944 and (6) 1.06287.

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) 0.76810 and (3) 0.77239 and (6) 0.77734.

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 – Yesterday 5/10 we closed some of our positions and took a profit of 54 pips. We are now holding short positions at (5) 83.817 and (3) 83.999 and (4) 85.033.

EURNOK (May) – Monthly MACD is almost making a cross downward on the upper side and STOC has been leaving out of the overbought area for 3 months, so it is a chance to sell this pair – Yesterday 5/10 we closed some of our positions and took a profit of 37 (372) pips. We are now holding covered short positions at (5) 9.50108.

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) 77.100 and (2) 77.323 and (6) 76.902.

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 – Yesterday 5/10 we closed some of our positions and took a profit of 269 pips. We are now holding short positions at (5) 1.27521 and (5) 1.28464 and (2) 1.28388 and (3) 1.28422 and (1) 1.27569.

USDJPY (May) – Monthly MACD is lingering right under the zero line after making a cross downward and STOC just made a crossover near the mid level, so it is still a chance to buy this pair – We are now holding temporary short positions at (5) 106.654 and (2) 106.735 and (1) 107.339 and (4) 108.428 and (3) 108.761 and (6) 109.535.

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 – Yesterday 5/10 we closed some of our positions and took a profit of 91 (913) pips. 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.