Market Watch
Last Friday: 182 pips
This month: 1221 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 – Last Friday 7/6 we closed some of our positions and took a profit of 43 pips. We are now holding long positions at (1) 0.98513 and (2) 0.98168 and (4) 0.97502.
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 – Yesterday 7/8 we closed some of our positions and took a profit of 41 pips. We are now holding long positions at (1) 0.73563 and temporary short positions at (5) 0.73263.
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 – Last Friday 7/6 we closed some of our positions and took a profit of 56 pips. We are now holding long positions at (1) 82.044 and temporary short positions at (2) 81.480 and (5) 82.407.
AUDUSD (Jul) – Monthly MACD seems unable to go down more from the zero line and STOC is slowing down right at the oversold level, so it’s a chance to buy this pair – Yesterday 7/8 we closed some of our positions and took a profit of 42 pips. We are holding temporary long positions at (1) 0.75819 and (5) 0.75666 and (2) 0.74929 and (3) 0.74624.
USDNOK (Jul) – Monthly MACD continues to go sideway at the zero line and STOC is slowing down under the mid level, so it is still a chance to buy this pair – We are now holding long positions at (4) 8.01665 and temporary covered short positions at (5) 7.79139 and (1) 7.97364 and (3) 7.89594 and (6) 8.14034.
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.