Market Watch
Yesterday: 386 pips
This week: 1712 pips
The month of May: 6174 pips
(Our daily post is for pairs that we entered or added more positions and for pairs that we closed for a profit during the previous market day. Pairs that are unchanged or inactive are not posted)
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 5/31 we closed some of our positions and took a profit of 59 pips. We are now holding covered long positions at (1) 0.98582 and (5) 0.98160.
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 5/31 we closed some of our positions and took a profit of 39 pips. We are now holding temporary long positions at (1) 0.75906 and (5) 0.75905 and (2) 0.75889.
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 5/31 we closed some of our positions and took a profit of 48 pips. We are now holding covered short positions at (5) 0.72673 and (2) 0.75390 and (4) 0.76396.
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 5/31 we closed some of our positions and took a profit of 74 pips. We are now holding temporary short positions at (5) 83.817.
GBPCHF (May) – Monthly MACD is slowing down under the zero line and STOC already made a cross downward at the overbought level, so it’s a chance to sell this pair – Yesterday 5/31 we closed some positions and took a profit of 46 pips. We are waiting for another chance to get back in.
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 5/31 we closed some of our positions and took a profit of 29 pips. We are now holding long positions at (6) 0.92192 and (4) 0.90322.
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 – Yesterday 5/31 we closed some of our positions and took a profit of 72 pips. 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.
USDCHF (May) – Monthly MACD already made a crossover right under the zero line and STOC is on the way reaching to the oversold level, so it’s a chance to buy it – Yesterday 5/31 we closed some of our positions and took a profit of 19 pips. We are now holding temporary short positions (5) 0.96106 and (2) 0.97187 and (4) 0.97177 and (1) 0.96455 and (6) 0.97485.
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.