Market Watch
Yesterday: 584 pips
This week: 2611 pips
This month: 3095 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 (Aug) – Monthly MACD is leaving the zero line on a downward path and STOC is already entering the oversold level, so this is 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 and (6) 0.94264.
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 – We are now holding long positions at (1) 82.044 and (6) 83.116 and (3) 82.608 and (2) 80.289.
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 – We are now holding long positions at (4) 112.958 and (2) 112.145 and (3) 111.272 and temporary short positions at (5) 110.622 and (1) 111.687.
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 – Yesterday 8/14 we closed some of our positions and took a profit of 167 pips. We are now holding temporary long positions at (5) 1.54177 and (2) 1.52167 and (1) 1.51034 and (3) 1.48101
GBPCAD (Aug) – The monthly MACD is going sideway right under the zero line and STOC is on the way to the mid level, so this is still a chance to sell it – Yesterday 8/14 we closed some of our positions and took a profit of 328 pips. We are now holding temporary long positions at (5) 1.69709.
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 8/14 we closed some of our positions and took a profit of 89 pips. We are now holding long positions at (5) 1.34963.
NZDCAD (Aug) – Monthly MACD is leaving down from the zero line and STOC is already in the oversold level, so this is a chance to buy it – We are now holding long positions at (2) 0.91676 and (4) 0.90231 and (1) 0.88025 and (3) 0.89577 and (5) 0.87890 and (6) 0.86752.
NZDCHF (Aug) – The monthly MACD is going down from the zero line and STOC is already in the oversold area, so this is a chance to buy it – We are now holding covered long positions at (5) 0.68473 and (2) 0.67778 and (1) 0.68523 and (3) 0.68070 and (4) 0.66066 and (6) 0.65382.
NZDJPY (Aug) – The monthly MACD is going down from the zero line and STOC is deep in the oversold level, so it’s a chance to buy it – We are now holding covered long positions at (1) 76.376 and (2) 75.266 and (5) 73.678 and (3) 72.961.
NZDUSD (Aug) – Monthly MACD continues to go downward and STOC is deep in the oversold level, so it’s a chance to buy this pair – We are now holding covered long positions at (5) 0.69119 and (1) 0.69078 and (4) 0.68632 and (2) 0.68258 and (3) 0.67554 and (6) 0.69041.
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 – We are now holding short positions at (4) 1.29690 and (5) 1.29840 and (6) 1.30718 and temporary long positions at (1) 1.30733.
USDJPY (Aug) – Monthly MACD seems go nowhere at the zero line and STOC is reaching up near the overbought level, so it is still a chance to buy this pair – We are now holding long positions at (1) 111.281 and 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.