Market Watch
Yesterday: 238 pips
This week: 635 pips
This month: 6385 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)
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 8/28 we closed some of our positions and took a profit of 62 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 and (6) 84.896 and (3) 86.023.
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 8/18 we closed some of our positions and took a profit of 83 pips. We are now holding long positions at (4) 113.909 and temporary short positions at (5) 110.622 and (6) 111.148 and (3) 112.399 and (2) 112.892 and (1) 113.126.
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 – We are now holding covered short positions at (4) 0.89033 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 8/28 we closed some of our positions and took a profit of 93 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.
USDCHF (Aug) – Monthly MACD seems unable to go higher from the zero line and STOC is going sideway at the oversold level, so it’s a chance to sell it – We are now holding short positions (5) 0.96106 and (2) 0.97187 and (4) 0.97177 and (1) 0.96455 and temporary long positions at (3) 0.99693 and (6) 0.97480.
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.