Market Watch
Yesterday: 33 pips
This week: 66 pips
This month: 2240 pips
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 – We are now holding short positions at (5) 1.06887 and (2) 1.06238 and (3) 1.05944 and (6) 1.07577 and (1) 1.08972.
GBPUSD (May) – Monthly MACS is slowing down right under the zero line and STOC is leaving the overbought area after a cross downward, so it’s a chance to sell this pair – 5/1 140 pips. We are now holding covered short positions at (1) 1.28386 and (2) 1.27961 and (3) 1.29396 and (6) 1.31014 and long positions at (5) 1.34963.
NZDCAD (May) – Monthly MACD is lingering at the zero line and STOC is going to make a cross downward under mid level, so this is a chance to buy it – We are now holding long positions at (6) 0.92192 and (2) 0.90359 and (5) 0.89862 and (4) 0.90322 and (1) 0.89999.
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 5/15 we closed some of our positions and took a profit of 33 pips. We are now holding temporary covered short positions at (2) 0.68958 and (5) 0.68814.
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) 0.70311 and (2) 0.69670 and (4) 0.70585 and (1) 0.70380 and (5) 0.69952 and (3) 0.70059.
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.
(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.