Market Watch
Yesterday: 530 pips
This week: 1326 pips
This month: 5788 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 5/30 we closed some of our positions and took a profit of 80 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 5/30 we closed some of our positions and took a profit of 24 pips. We are now holding covered short positions at (5) 0.72673 and (2) 0.75390 and (4) 0.76396 and (1) 0.76840.
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 5/30 we closed some of our positions and took a profit of 51 pips. We are now holding temporary short positions at (5) 83.817 and (1) 84.472.
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 5/30 we closed some of our positions and took a profit of 43 pips. We are now holding long positions at (1) 1.51239.
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 5/30 we closed some of our positions and took a profit of 42 pips. We are now holding long positions at (6) 0.92192 and (2) 0.90359 and (4) 0.90322.
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 – We are now holding short positions at (4) 0.68536 and (1) 0.68853.
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 – Yesterday 5/30 we closed some of our positions and took a profit of 195 pips. We are now holding short positions at (4) 1.27521 and (1) 1.27569.
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 5/30 we closed some of our positions and took a profit of 95 (946) pips. We are now holding temporary covered short positions at (5) 7.79139 and (1) 7.97364 and (3) 7.89594 and (6) 8.14034 and (4) 8.16325.
(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.