Market Watch

Yesterday: 147 pips
This week: 397 pips
This month: 6147 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)

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 (6) 1.49725 and (4) 1.50927 and (3) 1.51490 and temporary long positions at (5) 1.54177 and (2) 1.52167 and (1) 1.51034.

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 8/27 we closed some of our positions and took a profit of 76 pips. We are now holding covered short positions at (5) 1.13102 and (6) 1.15950 and (1) 1.16792 and temporary long positions at (4) 1.18934 and (2) 1.16755.

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 8/27 we closed some of our positions and took a profit of 71 pips. We are now holding short positions at (4) 1.29690 and (5) 1.29840 and temporary long positions at (1) 1.30733 and (6) 1.29790.

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.