Market Watch
Yesterday: 227 pips
This week: 668 pips
This month: 5130 pips
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 5/28 we closed some positions and took a profit of 37 pips. We are now holding covered short positions at (4) 0.73895 and (5) 0.73556 and (3) 0.74155 and (2) 0.74237.
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 – Yesterday 5/28 we closed some positions and took a profit of 48 pips. We are now holding short positions at (5) 1.06887 and (2) 1.06238 and (3) 1.07641 and (6) 1.07577 and (1) 1.08972.
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 – We are now holding temporary short positions at (5) 83.817 and long positions at (1) 83.972.
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 5/28 we closed some of our positions and took a profit of 96 pips. We are now holding long positions at (1) 1.51239.
EURJPY (May) – Monthly MACD is making a cross downward above the zero line and STOC is leaving the overbought level, so it is a chance to sell this pair – We are now holding covered short positions at (2) 123.028 and (4) 125.330 and (3) 124.248 and (6) 125.368 and temporary long positions at (1) 127.154.
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 temporary long positions at (1) 9.54405 and short positions at (6) 9.52773.
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 – Yesterday 5/28 we closed some of our positions and took a profit of 46 pips. We are now holding temporary short positions at (5) 106.654 and (2) 106.735 and (1) 107.339 and (3) 108.761.
(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.