Market Watch

Yesterday: 82 pips
Last week: 282 pips
This month: 364 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 (Aug) – Monthly MACD seems unable to go higher above the zero line and STOC is slowing down under the overbought level, so this is still a chance to sell it – We are now holding short positions at (5) 0.6887 and (2) 1.06238 and (4) 1.07680 and (3) 0.08840 and (1) 1.10025.

EURCAD (Aug) – Monthly MACD is on its way downward after a cross on the upper side and STOC is already passing the mid level, so it’s a chance to sell this pair – We are now holding short positions at (4) 1.50263 and temporary long positions at (5) 1.54177 and (2) 1.52167 and (1) 1.51034 and (3) 1.50141.

GBPCHF (Aug) – Monthly MACD continues to go side way under the zero line and STOC is slowing down under the mid level, so it’s still a chance to sell this pair – We are holding temporary long positions at (1) 1.29062.

USDCAD (Aug) – The monthly MACD seems unable to go higher above the zero line and STOC is reaching up to the overbought level, so this is a chance to sell it – Yesterday 8/7 we closed some of our positions and took a profit of 82 pips. We are now holding short positions at (4) 1.29690 and (1) 1.30168 and (5) 1.29840 and temporary long positions at (1) 1.30096 and (2) 1.29716.

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.