Market Watch

Yesterday: 236 pips
This week: 585 pips
This month: 2759 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 – Yesterday 5/17 we closed some of our positions and took a profit of 58 pips. We are now holding temporary long positions at (3) 84.203 and short positions at (5) 81.450.

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 – Yesterday 5/17 we closed some of our positions and took a profit of 125 pips. We are now holding long positions at (4) 112.914 and (1) 111.655 and (5) 110.857.

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 – Yesterday 5/17 we closed some of our positions and took a profit of 53 pips. We are now holding long positions at (3) 77.563 and (1) 77.100 and (2) 77.323 and (6) 76.902 and (5) 76.417.

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) 109.595 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.