Market Watch
Yesterday: 516 pips
This week: 3264 pips
This month: 3748 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 – Yesterday 8/16 we closed some of our positions and took a profit of 103 pips. 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) 0.95658.
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 – Yesterday 8/16 we closed some of our positions and took a profit of 47 pips. We are now holding long positions at (1) 0.73563 and (4) 0.73565 and (5) 0.73806 (2) 0.72381.
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 8/16 we closed some of our positions and took a profit of 125 pips. We are now holding short positions at (6) 1.49725 and temporary long positions at (5) 1.54177 and (2) 1.52167 and (1) 1.51034 and (3) 1.49753.
EURNOK (Aug) – Monthly MACD continues going sideway on the upper side and STOC is slowing down right under the mid level, so it is a chance to sell this pair. Yesterday 8/16 we closed some of our positions and took a profit of 82 pips. We are now holding short positions at (5) 9.45247 and (4) 9.52635 and (6) 9.55722 and (2) 9.63529.
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 8/16 we closed some of our positions and took a profit of 104 pips. We are now holding temporary long positions at (5) 1.69709.
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 – Yesterday 8/16 we closed some of our positions and took a profit of 55 pips. We are now holding covered long positions at (1) 76.376 and (2) 75.266 and (5) 73.678 and (3) 72.961 and (6) 73.153.
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.