Market Watch
Yesterday: 320 pips
This week: 629 pips
This month: 1565 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)
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 9/11 we closed some of our positions and took a profit of 63 pips. We are now holding long positions at (1) 85.644 and (6) 84.877 and temporary short positions at (4) 82.812 and (5) 82.933 and (2) 83.988.
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 9/11 we closed some of our positions and took a profit of 64 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 (1) 1.52356 and (2) 1.51554.
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 9/11 we closed some of our positions and took a profit of 57 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) 129.226.
EURNOK (Sep) – Monthly MACD seems reluctant to go further down after making a cross in May and STOC is turning up a little bit over the mid level, so it’s still a chance to sell this pair. Yesterday 9/11 we closed some of our positions and took a profit of 54 pips. 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.
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 – 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 and (1) 1.15819.
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 9/11 we closed some of our positions and took a profit of 82 pips. We are now holding short positions at (4) 1.29690 and (5) 1.30742 and temporary short positions at (1) 1.30759.
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.