Market Watch
Yesterday: 243 pips
This week: 760 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)
AUDJPY (Sep) – The monthly MACD is going down from the zero line and STOC is going deeper in the oversold area, so this is a chance to buy it – We are now holding covered long positions at (1) 81.323 and (2) 81.655 and (6) 83.116 and (3) 82.608 and (5) 80.748.
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 9/6 we closed some of our positions and took a profit of 66 pips. We are now holding long positions at (1) 85.644 and (6) 84.157 and temporary short positions at (4) 82.812 and (5) 82.933 and (2) 83.988.
EURCHF (Sep) – Monthly MACD is reaching down to the zero line from the upper side and STOC is almost touching the oversold level, so it’s still a chance to sell this pair for awhile – Yesterday 9/6 we closed some of our positions and took a profit of 45 pips. We are now holding short positions (1) 1.12106 and (2) 1.11536 and (5) 1.11205 and (3) 1.11963 and (6) 1.11960 and temporary long positions at (4) 1.12177.
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 9/6 we closed some of our positions and took a profit of 61 pips. We are now holding covered short positions at (2) 123.028 and (3) 124.248 and (4) 128.019 and (6) 128.557 and temporary long positions at (1) 129.683 and (5) 128.601.
NZDJPY (Sep) – 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 and (6) 72.763.
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) 0.96526
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 9/6 we closed some of our positions and took a profit of 71 pips. We are now holding long positions at (4) 111.281 and (6) 110.579 and temporary short positions at (5) 108.437 (2) 106.735 and (3) 108.761.
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.