Market Watch

Last Friday: 57 pips
Last week: 1984 pips
The month of August: 7136 pips

Yesterday: 166 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)

CHFJPY (Sep) – Monthly MACD continues to go sideway right under the zero line and STOC is passing the mid level, so this is a chance to buy this pair – Last Friday 8/31 we closed some of our positions and took a profit of 57 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)114.411.

EURUSD (Sep) – Monthly MACD is going sideway right above the zero line and STOC is almost touching the oversold level, so it’s a chance to sell this pair – Yesterday 9/3 we closed some of our positions and took a profit of 72 pips. We are now holding covered short positions at (5) 1.13102 and (6) 1.15950 and temporary long positions at (4) 1.18934 and (2) 1.16755.

USDCAD (Sep) – The monthly MACD is still lingering at the zero line and STOC is slowing down right under the overbought level, so this is a chance to sell it – Yesterday 9/3 we closed some of our positions and took a profit of 94 pips. We are now holding short positions at (4) 1.29690 and temporary long positions at (1) 1.30733.

USDCHF (Sep) – Monthly MACD seems unable to go higher from the zero line and STOC already made a cross downward, so it’s a chance to sell it – 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 and (4) 0.96925.

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.