Market Watch

Yesterday: 279 pips
This week: 422 pips
This month: 3181 pips

AUDCAD (May) – Monthly MACD continues its downward path under the zero line and STOC is touching the oversold level, so this is still a chance to buy it – Yesterday 5/21 we closed some of our positions and took a profit of 26 pips. We are now holding covered long positions at (1) 0.98582 and (5) 0.97315 and (4) 0.96839 and (2) 0.96870 and (6) 0.96681 and (3) 0.96205.

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 – 5/10 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 (1) 0.75605.

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 – We are now holding short positions at (5) 81.450 and (1) 84.009 and (3) 84.156.

AUDUSD (May) – Monthly MACD already made a cross downward at the zero line and STOC is on a downward path to the overbought area, so it’s a chance to sell this pair – Yesterday 5/21 we closed some of our positions and took a profit of 47 pips. We are now holding temporary long positions at (1) 0.75906 and (5) 0.75905 and (2) 0.75889 and (6) 0.75418.

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 5/21 we closed some of our positions and took a profit of 45 pips. We are now holding long positions at (4) 112.914 and (1) 111.655.

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. We are now holding covered short positions at (5) 9.50108 and long positions at (4) 9.48948.

GBPAUD (May) – Monthly MACD is slowing down right under the zero line and STOC is still high in the oversold area, so this is a chance to sell it – We are now holding short positions at (5) 1.66761 and (1) 1.66139 and long positions at (4) 1.77037.

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 and (4) 0.69215.

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 5/21 we closed some of our positions and took a profit of 72 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) 77.171.

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 5/21 we closed some of our positions and took a profit of 89 (885) pips. We are now holding temporary covered short positions at (5) 7.79139 and (1) 7.97364 and (3) 7.89594 and (2) 8.09203 and (6) 8.14034.

(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.