Market Watch
Last Friday: 250 pips
This month: 6000 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)
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 – Last Friday 8/24 we closed some of our positions and took a profit of 53 pips. We are now holding long positions at (1) 82.044 and (6) 83.116 and (3) 82.608.
AUDUSD (Aug) – Monthly MACD is leaving down from the zero line and STOC is deep in the oversold level, so it’s a chance to buy this pair – Last Friday 8/24 we closed some of our positions and took a profit of 51 pips. We are holding temporary long positions at (1) 0.75819 and (5) 0.75666 and (2) 0.74929 and (3) 0.74624 and (6) 0.73374.
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 – Last Friday 8/24 we closed some of our positions and took a profit of 54 pips. We are now holding long positions at (1) 85.644 and (3) 85.319 and temporary short positions at (4) 82.812 and (5) 82.933 and (2) 83.988 and (6) 84.896.
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 temporary short positions at (5) 110.622 and (6) 111.148 and (3) 112.399 and (2) 112.892 and (1) 113.126.
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 – Last Friday 8/24 we closed some of our positions and took a profit of 42 pips. We are now holding covered short positions at (2) 123.028 and (3) 124.248 and (4) 128.019 and (6) 129.251 and temporary long positions at (1) 130.163 and (5) 129.110.
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. We are now holding covered short positions at (5) 9.57379 and (4) 9.52635 and (6) 9.55722 and (2) 9.63529 and (1) 9.67985 and (3) 9.70107.
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 – Last Friday 8/24 we closed some of our positions and took a profit of 50 pips. We are now holding covered long positions at (1) 76.376 and (2) 75.266 and (5) 74.248.
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.