Market Watch
Yesterday: 2027 pips
Last week: 202 pips
This month: 2511 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)
AUDCHF (Aug) – Monthly MACD is still lingering right under the zero line and STOC is reaching almost to the oversold level, so it is a chance to buy this pair – We are now holding long positions at (1) 0.73563 and (4) 0.73565 and (5) 0.73806 (2) 0.72381.
AUDJPY (Aug) – The monthly MACD seems unable going down further from the zero line and STOC is turning up for a cross at the oversold level, so this is a chance to buy it – Yesterday 8/12 we closed some of our positions and took a profit of 315 pips. We are now holding long positions at (1) 82.044 and (6) 83.116 and (3) 82.608.
CADCHF (Aug) – Monthly MACD continues 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 8/12 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.
CADJPY (Aug) – Monthly MACD already made a cross downward right under the zero line and STOC is trying to reach the mid level, so it’s a chance to buy it – Yesterday 8/12 we closed some of our positions and took a profit of 87 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.
CHFJPY (Aug) – Monthly MACD continues to go sideway under the zero line and STOC is slow down under mid level, so this is a chance to buy this pair – Yesterday 8/12 we closed some of our positions and took a profit of 154 pips. We are now holding long positions at (4) 112.958 and (2) 112.145 and temporary short positions at (5) 110.622 and (6) 112.105.
EURGBP (Aug) – The monthly MACD continues going sideway on its downward path from the upper side and STOC is slowing down near the mid level, so this is still a chance to sell it – Yesterday 8/12 we closed some of our positions and took a profit of 97 pips. We are now holding covered short positions at (4) 0.87196 and (1) 0.88482 and (6) 0.89162.
EURJPY (Aug) – Monthly MACD is starting to go down toward the zero line and STOC is on its downward path to the oversold level, so it is a chance to sell this pair – Yesterday 8/12 we closed some of our positions and took a profit of 475 pips. We are now holding covered short positions at (2) 123.028 and (3) 124.248 and temporary long positions at (1) 130.163 and (5) 125.640.
EURUSD (Aug) – Monthly MACD is going down to the zero line and STOC is almost touching the oversold level, so it’s a chance to sell this pair – Yesterday 8/12 we closed some of our positions and took a profit of 286 pips. We are now holding covered short positions at (1) 1.13232 and (5) 1.13102 and long positions at (4) 1.18934 and (2) 1.13708.
GBPUSD (Aug) – Monthly MACD is making a cross downward and STOC is touching the oversold level, so it’s a chance to sell this pair – Yesterday 8/12 we closed some of our positions and took a profit of 164 pips. We are now holding covered short positions at (2) 1.27961 and (6) 1.31014 and long positions at (5) 1.34963.
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 8/12 we closed some of our positions and took a profit of 113 pips. We are now holding short positions at (4) 1.29690 and (5) 1.29840.
USDNOK (Aug) – Monthly MACD continues to go sideway at the zero line and STOC is reaching up to the overbought level, so it is still a chance to buy this pair – Yesterday 8/12 we closed some of our positions and took a profit of 260 pips. We are now holding temporary covered short positions at (5) 7.79139 and (1) 7.97364 and (3) 7.89594 and (6) 8.14034 and (2) 8.17563.
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.