Market Watch

Last Friday: 176 pips
Last week: 936 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 (Sep) – Monthly MACD is going down from the zero line and STOC is sinking deeper in the oversold are, so this is a chance to buy it – We are now holding covered long positions at (1) 0.96839 and (2) 0.96261 and (4) 0.95704 and (5) 0.96538 and (3) 0.96199 and (6) 0.95658.

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 – Last Friday 9/7 we closed some of our positions and took a profit of 56 pips. We are now holding short positions at (6) 1.49725 and (4) 1.50927 and (3) 1.51490 and (2) 1.52386 and temporary long positions at (5) 1.54177.

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 – Last Friday 9/7 we closed some of our positions and took a profit of 51 pips. We are now holding short positions (2) 1.11536 and (5) 1.11205 and (3) 1.11963 and (6) 1.11960 and temporary long positions at (4) 1.12177.

GBPCAD (Sep) – The monthly MACD continues to go sideway right under the zero line and STOC is already passing the mid level downward, so this is still a chance to sell it – Last Friday 9/7 we closed some of our positions and took a profit of 69 pips. We are now waiting for another chance to get back in.

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.