Market Watch
Last Friday: 315 pips
Last week: 886 pips
This month: 3584 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 7/27 we closed some of our positions and took a profit of 50 pips. We are now holding long positions at (1) 0.98513 and (2) 0.98168 and (4) 0.97502 and (5) 0.96538.
CADCHF (Jul) – Monthly MACD is going sideway right under the zero line and STOC is still hoover above the mid level, so it’s is a chance to sell this pair – Yesterday 7/27 we closed some of our positions and took a profit of 76 pips. We are now holding covered short positions at (5) 0.74098 and (4) 0.74835 and (2) 0.75485 and temporary long positions at (1) 0.76209.
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 7/27 we closed some of our positions and took a profit of 60 pips. We are now holding long positions at (4) 112.958 and (2) 111.959 and temporary short positions at (5) 110.622 and (1) 111.542.
EURCAD (Jul) – Monthly MACD is going down for a cross on the upper side and STOC is leaving the overbought area for mid level, so it’s a chance to sell this pair – Yesterday 7/27 we closed some of our positions and took a profit of 109 pips. We are now holding short positions at (1) 1.51776 and temporary long positions at (5) 1.54177 and (2) 1.52167.
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 7/27 we closed some of our positions and took a profit of 20 pips. We are now holding long positions at (2) 0.91676 and (4) 0.90231 and (1) 0.90349 and (3) 0.89577.
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.