Market Watch

Yesterday: 819 pips
This week: 1454 pips
This month: 6623 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)

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 – We are now holding covered long positions at (1) 0.73019 and (4) 0.72205 and (5) 0.72679 (2) 0.72381 and (3) 0.72657 and (6) 0.72176.

AUDNZD (Aug) – Monthly MACD seems unable to go higher above the zero line and STOC is slowing down under the overbought level, so this is still a chance to sell it – Yesterday 8/29 we closed some of our positions and took a profit of 164 pips. We are now holding covered short positions at (5) 0.6887 and (2) 1.06238 and (3) 0.08840.

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 8/29 we closed some of our positions and took a profit of 99 pips. We are now holding temporary short positions at (5) 110.622 and (6) 111.148 and (3) 112.399 and (2) 112.892 and (1) 113.126 and (4)114.956.

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 8/29 we closed some of our positions and took a profit of 55 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 (1) 130.636.

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) 9.64047 and (6) 9.55722 and (2) 9.63529 and (1) 9.67985 and (3) 9.70107.

GBPJPY (Aug) – The monthly MACD just made a cross downward under the zero line and STOC is nearly the oversold area, so it is a chance to sell this pair – Yesterday 8/29 we closed some of our positions and took a profit of 236 pips. We are now holding temporary long positions at (5) 146.412.

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 8/29 we closed some of our positions and took a profit of 65 pips. We are now holding covered long positions at (1) 76.376 and (2) 75.266.

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 8/29 we closed some of our positions and took a profit of 58 pips. We are now holding short positions at (4) 1.29690 and temporary long positions at (1) 1.30733 and (6) 1.29790 and (2) 1.29208.

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 – Yesterday 8/29 we closed some of our positions and took a profit of 27 pips. We are now holding short positions (5) 0.96106 and (4) 0.97177 and (1) 0.96455 and temporary long positions at (3) 0.99693 and (6) 0.97480 and (2) 0.97074.

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 – Yesterday 8/29 we closed some of our positions and took a profit of 115 pips. 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.

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.

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