Market Watch

Yesterday: 473 pips
This week: 1927 pips
This month: 7079 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 – We are now holding long positions at (1) 0.96839 and (2) 0.96261 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 – We are now holding covered long positions at (1) 0.73019 and (4) 0.72205 and (5) 0.72679 (2) 0.72381 and (3) 0.71481 and (6) 0.72176.

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 – We are now holding long positions at (1) 82.044 and (6) 83.116 and (3) 82.608 and (5) 80.748.

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 – We are now holding covered short positions at (5) 0.6887 and (2) 1.06238 and (3) 0.08840 and temporary long positions at (1) 1.09190.

CADCHF (Aug) – Monthly MACD continues going sideway right under the zero line and STOC is still hoover above the mid level, so it’s is a chance to sell this pair – Yesterday 8/30 we closed some of our positions and took a profit of 199 pips. We are now holding covered short positions at (5) 0.74098 and temporary long positions at (1) 0.76209 and (3) 0.75696 and (3) 0.74748.

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 8/30 we closed some of our positions and took a profit of 61 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) 85.280.

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 8/30 we closed some of our positions and took a profit of 57 pips. 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) 1.51800.

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 8/30 we closed some of our positions and took a profit of 78 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 (5) 129.642 and temporary long positions at (1) 129.683.

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) 9.94596 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 – We are now holding covered long positions at (1) 76.376 and (2) 75.266 and (5) 73.844.

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 8/30 we closed some of our positions and took a profit of 56 pips. We are now holding short positions at (4) 1.29690 and temporary long positions at (1) 1.30733 and (6) 1.29790.

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 8/30 we closed some of our positions and took a profit of 22 pips. We are now holding short positions (5) 0.96106 and (1) 0.96455 and temporary long positions at (3) 0.99693 and (6) 0.97480 and (2) 0.97074.

USDNOK (Aug) – Monthly MACD continues to go sideway at the zero line and STOC is reaching up to the overbought level, so it is still a chance to buy this pair – We are now holding temporary covered short positions at (5) 7.79139 and (1) 7.97364 and (3) 7.89594 and (6) 8.14034 and (2) 8.17563 and (4) 8.34457.

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.