Market Watch

Last Friday: 111 pips
Last week: 1058 pips
This month: 2174 pips

AUDJPY (May) – The monthly MACD is on a downward path after a cross at the zero line and STOC is going sideway in the overbought level, so this is still a chance to buy it – Last Friday 5/11 we closed some of our positions and took a profit of 37 pips. We are now holding temporary long positions at (4) 91.388 and (3) 84.203 and (2) 82.613 and (1) 82.507 and short positions at (5) 81.450.

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 – Last Friday 5/11 we closed some of our positions and took a profit of 43 pips. We are now holding short positions at (5) 1.06887 and (2) 1.06238 and (3) 1.05944 and (6) 1.06287.

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 – Last Friday 5/11 we closed some of our positions and took a profit of 31 (312) 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.