Market Watch
Yesterday: 441 pips
This week: 441 pip
This month: 4903 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 – Last Friday 5/25 we closed some positions and took a profit of 44 pips. We are now holding covered long positions at (1) 0.98582 and (5) 0.98160..
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 – Last Friday 5/25 we closed some positions and took a profit of 31 pips. We are now holding covered short positions at (5) 0.72673 and (2) 0.75390 and (4) 0.76396.
EURCAD (May) – Monthly MACD is going sideway up high on the upper side and STOC is going down after making a cross downward inside the overbought area, so it’s a chance to sell this pair – Yesterday 5/27 we closed some of our positions and took a profit of 183 pips. We are now holding short positions at (1) 1.52161.
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 5/27 we closed some positions and took a profit of 100 pips. We are now holding long positions at (1) 9.54405.
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 – Yesterday 5/27 we closed some positions and took a profit of 83 pips. We are now holding long positions at (6) 0.92192 and (2) 0.90359 and (4) 0.90322 and (1) 0.89999.
USDCAD (May) – The monthly MACD is slowing down right at the zero line and STOC is going sideway near mid level after a cross, so this is a chance to buy it up – We are now holding short positions at (4) 1.27521 and (1) 1.27569 and (5) 1.29833.
(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.