Market Watch

Yesterday: 221 pips
This week: 1039 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)

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 7/5 we closed some of our positions and took a profit of 42 pips. We are now holding short positions at (5) 0.6887 and (2) 1.06238 and (4) 1.07680 and (3) 0.08840 and temporary long positions at (1) 1.08796.

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 7/5 we closed some of our positions and took a profit of 50 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) 129.434.

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 7/5 we closed some of our positions and took a profit of 71 pips. We are now holding short positions at (5) 9.45247 and temporary long positions at (1) 9.54405 and (4) 9.49978 and (2) 9.45591.

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 – Yesterday 7/5 we closed some of our positions and took a profit of 58 pips. We are now holding covered long positions at (1) 76.376 and (5) 75.832 and (2) 75.866 and (3) 75.626.

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.