Market Watch

Yesterday: 733 pips

(Our daily post is for pairs that we entered or added more positions during the previous market day and for pairs that we closed for a profit. Pairs that are unchanged or inactive are not posted)

AUDCAD (Jul) – Monthly MACD continues to go sideway right at the zero line and STOC is slowing down right above the oversold level, so this is still a chance to buy it – Yesterday 7/2 we closed some of our positions and took a profit of 58 pips. We are now holding long positions at (1) 0.98513 and (2) 0.98168 and (4) 0.97502 and (6) 0.96712.

AUDCHF (Jul) – Monthly MACD already made a cross downward right under the zero line and STOC is reaching almost to the oversold level, so it is a chance to buy this pair – We are now holding long positions at (1) 0.73563 and (5) 0.72844..

AUDJPY (Jul) – The monthly MACD is slowing down under the zero line and STOC is turning up for a cross at the oversold level, so this is a chance to buy it – Yesterday 7/2 we closed some of our positions and took a profit of 53 pips. We are now holding long positions at (1) 81.422 and (5) 81.114 and temporary short positions at (2) 81.480.

AUDNZD (Jul) – Monthly MACD is lingering right at the zero line and STOC is turning up over the mid level, so this is still a chance to sell it a bit more – Yesterday 7/2 we closed some of our positions and took a profit of 47 pips. We are now holding short positions at (5) 0.6887 and (2) 1.06238 and (4) 1.07680 and (3) 0.08840 and (1) 1.09391.

CADJPY (Jul) – Monthly MACD already mad a cross downward right under the zero line and STOC is turning down again to oversold level, so it’s a chance to buy it – Yesterday 7/2 we closed some of our positions and took a profit of 85 pips. We are now holding long positions at (1) 84.344 and temporary short positions at (4) 82.812 and (5) 82.933.

CHFJPY (Jul) – Monthly MACD is lingering right under the zero line after making a cross downward and STOC continues to go sideway right above the oversold level, so this is a chance to buy this pair – Yesterday 7/2 we closed some of our positions and took a profit of 100 pips. We are now holding long positions at (4) 112.914 and temporary short positions at (5) 110.622 and (1) 111.542.

EURJPY (Jul) – Monthly MACD is going sideway above the zero line and STOC is going down on its path to the oversold level, so it is a chance to sell this pair – Yesterday 7/2 we closed some of our positions and took a profit of 160 pips. We are now holding covered short positions at (2) 123.028 and (3) 124.248 and (6) 125.368 and (4) 127.399 and (5) 128.835 and temporary long positions at (1) 128.838.

EURNOK (Jul) – Monthly MACD is going sideway on the upper side and STOC is going down to the oversold level, so it is a chance to sell this pair. Yesterday 7/2 we closed some of our positions and took a profit of 53 pips. We are now holding short positions at (5) 9.45247 and (2) 9.51303 and temporary long positions at (1) 9.54405 and (4) 9.49978.

NZDCAD (Jul) – Monthly MACD is leaving down from the zero line and STOC is slowing just above the oversold level, so this is a chance to buy it – Yesterday 7/2 we closed some of our positions and took a profit of 80 pips. We are now holding long positions at (2) 0.91676 and (4) 0.90231 and (1) 0.90349 and (3) 0.89577.

NZDCHF (Jul) – The monthly MACD is moving down from the zero line and STOC is already in the oversold area, so this is a chance to buy it – We are now holding covered long positions at (5) 0.68473 and (2) 0.67778 and (1) 0.68523 and (3) 0.68070 and (6) 0.67405.

NZDJPY (Jul) – The monthly MACD is going sideway right under the zero line and STOC is deep in the oversold level, so it’s a chance to buy it – We are now holding covered long positions at (1) 76.376 and (5) 75.832 and (2) 75.866 and (3) 75.626 and (6) 74.444.

NZDUSD (Jul) – Monthly MACD is going down from the zero line and STOC is already in the oversold level, so it’s a chance to buy this pair – We are now holding covered long positions at (5) 0.69119 and (1) 0.69078 and (4) 0.68632 and (2) 0.68258 and (3) 0.69350 and (6) 0.69041.

USDCAD (Jul) – The monthly MACD is still at the zero line and STOC is reaching up to the overbought, so this is a chance to sell it – Yesterday 7/2 we closed some of our positions and took a profit of 58 pips. We are now holding temporary long positions at (6) 1.32044 and short positions at (4) 1.30255 and (1) 1.30168 and (5) 1.29840 and (2) 1.30209 and (3) 1.31266.

USDCHF (Jul) – Monthly MACD seems unable to go higher from the zero line and STOC is reaching to the oversold level, so it’s a chance to sell it – We are now holding short positions (5) 0.96106 and (2) 0.97187 and (4) 0.97177 and (1) 0.96455 and (6) 0.97485 and temporary long positions at (3) 0.99513.

USDJPY (Jul) – Monthly MACD is still going sideway at the zero line and STOC is passing up through the mid level, so it is a chance to buy this pair – Yesterday 7/2 we closed some of our positions and took a profit of 39 pips. We are now holding long positions at (4) 110.840 and temporary short positions at (5) 106.654 and (2) 106.735 and (3) 108.761 and (1) 109.616 and (6) 110.310.

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.