Market Watch
Yesterday: 485 pips
This week: 485 pips
The month of July: 4069 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 – We are now holding long positions at (1) 0.98513 and (2) 0.98168 and (4) 0.97502 and (5) 0.96538 and (3) 0.96199.
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 7/31 we closed some of our positions and took a profit of 70 pips. We are now holding long positions at (1) 82.044 and (6) 83.116 and (3) 82.608 and temporary short positions at (2) 81.480 and (5) 82.407.
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 7/31 we closed some of our positions and took a profit of 112 pips. We are now holding long positions at (1) 85.644 and temporary short positions at (4) 82.812 and (5) 82.933 and (2) 83.988 and (6) 84.770 and (3) 85.644.
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 7/31 we closed some of our positions and took a profit of 103 pips. We are now holding long positions at (4) 112.958 and temporary short positions at (5) 110.622 and (1) 111.542.
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 7/31 we closed some of our positions and took a profit of 53 pips. We are now holding covered long positions at (1) 76.376 and temporary short positions at (5) 76.190.
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 7/31 we closed some of our positions and took a profit of 64 pips. We are now holding short positions at (4) 1.30255 and (1) 1.30168 and (5) 1.29840 and (2) 1.30209.
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 7/31 we closed some of our positions and took a profit of 83 pips. We are now holding temporary short positions at (5) 108.437 (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.