Market Watch

Yesterday: 965 pips
This week: 1387 pips
This month: 4146 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 5/23 we closed some positions and took a profit of 84 pips. We are now holding covered long positions at (1) 0.98582 and (5) 0.97315 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 – Yesterday 5/23 we closed some positions and took a profit of 77 pips. We are now holding covered short positions at (4) 0.73895 and (5) 0.73556 and (3) 0.74155 and (2) 0.74237.

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 5/23 we closed some positions and took a profit of 206 pips. We are now holding short positions at (5) 81.450 and long positions at (1) 82.875.

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 – Yesterday 5/23 we closed some positions and took a profit of 61 pips. 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.

CADJPY (May) – Monthly MACD already made a cross downward and STOC is turning back to the mid level, so it’s a chance to buy it – Yesterday 5/23 we closed some positions and took a profit of 241 pips. We are now holding short positions at (5) 83.817 and (3) 83.999.

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 5/23 we closed some positions and took a profit of 14 pips. We are now holding long positions at (4) 9.48948 and (1) 9.46631.

GBPCHF (Apr) – Monthly MACD is reaching up almost to the zero line and STOC is down at the overbought level, so it’s a chance to sell this pair – Yesterday 5/23 we closed some positions and took a profit of 126 pips. We are now holding short positions at (4) 1.31119 and (5) 1.31678.

GBPJPY (Apr) – The monthly MACD is reaching up almost to the zero line and STOC is leaving the overbought area, so it is a chance to sell this pair – We are now holding long positions at (5) 146.412.

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 5/23 we closed some of our positions and took a profit of 156 pips. We are now holding short positions at (4) 0.68536.

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 long positions at (3) 77.563 and (1) 77.100 and (2) 76.528 and (6) 76.902 and (5) 77.171.

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) 0.69835 and (1) 0.70380 and (5) 0.69952 and (3) 0.70059.

(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.

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