Market Watch
Yesterday: 351 pips
This week: 517 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)
AUDUSD (Sep) – Monthly MACD is leaving down from the zero line and STOC is deep in the oversold level, so it’s a chance to buy this pair – We are holding temporary covered long positions at (1) 0.75819 and (5) 0.73728 and (2) 0.74929 and (3) 0.74624 and (6) 0.73374.
CADCHF (Sep) – Monthly MACD continues going sideway right under the zero line and STOC is aiming for the oversold level, so it’s is still a chance to sell this pair – We are now holding temporary long positions at (1) 0.76209 and (3) 0.75696 and (3) 0.74748 and (5) 0.74010.
CADJPY (Sep) – Monthly MACD continues to linger right under the zero line and STOC is trying to make a cross downward to the oversold level, so it’s a chance to buy it – Yesterday 9/4 we closed some of our positions and took a profit of 68 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.
EURCAD (Sep) – Monthly MACD is slowing down on its way downward after a cross on the upper side and STOC is going sideway near the mid level, so it’s a chance to sell this pair – Yesterday 9/4 we closed some of our positions and took a profit of 53 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.
EURJPY (Sep) – Monthly MACD is stalling near the zero line and STOC is slowing down on its path to the oversold level, so it is a chance to sell this pair – Yesterday 9/4 we closed some of our positions and took a profit of 75 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) 129.683.
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 9/4 we closed some of our positions and took a profit of 85 pips. We are now holding short positions at (4) 1.29690 and (5) 1.31835.
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 – Yesterday 9/4 we closed some of our positions and took a profit of 70 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.
USDJPY (Sep) – Monthly MACD seems go nowhere at the zero line and STOC is slowing down 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 (5) 111.281 and temporary short positions at (5) 108.437 (2) 106.735 and (3) 108.761 and (6) 111.374
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.