Market Watch
Yesterday: 516 pips
This week: 1145 pips
This month: 2081 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)
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 – Yesterday 9/12 we closed some of our positions and took a profit of 60 pips. We are now holding short positions at (4) 0.74610 and temporary long positions at (1) 0.76209 and (3) 0.75696 and (3) 0.74748.
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 9/12 we closed some of our positions and took a profit of 53 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) 85.502.
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 9/12 we closed some of our positions and took a profit of 260 pips. We are now holding covered short positions at (5) 9.57379 and (6) 9.94596 and (4) 9.59302 and temporary long positions at (2) 9.63052.
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 9/12 we closed some of our positions and took a profit of 50 pips. We are now holding short positions at (4) 1.29690 and (5) 1.30140 and temporary short positions at (1) 1.30759.
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 (4) 0.96937.
USDNOK (Sep) – Monthly MACD comes back down to the zero line and STOC is entering the overbought level, so it is still a chance to buy this pair – Yesterday 9/12 we closed some of our positions and took a profit of 93 pips. We are now holding temporary covered short positions at (5) 7.79139 and (1) 7.97364 and (3) 7.89594 and (6) 8.14034 and (2) 8.17563.
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.