Market Watch
Yesterday: 61 pips
This week: 1542 pips
This month: 2478 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)
CHFJPY (Sep) – Monthly MACD continues to to linger at the zero line and STOC is trying to reach higher to the overbought level, so this is a chance to buy this pair – We are now holding covered temporary short positions at (6) 113.711 and (3) 112.399 and (2) 112.892 and (1) 113.126 and (4) 114.411 and (5) 113.115.
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 9/17 we closed some of our positions and took a profit of 61 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.
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 – 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) 1.12913 and (1) 1.12417.
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 – We are now holding covered short positions at (2) 123.028 and (3) 124.248 and (4) 128.019 and (6) 128.557 and (5) 130.893 and temporary long positions at (1) 129.683.
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. We are now holding covered short positions at (5) 9.57379 and (4) 9.59302 and (6) 9.59033 and temporary long positions at (2) 9.63052 and (1) 9.55376.
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 – We are now holding short positions at (4) 1.29690 and (5) 1.30140 and temporary short positions at (1) 1.30759 and (2) 1.30547.
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 – We are now holding long positions at (4) 8.17751 and temporary covered short positions at (5) 7.79139 and (1) 7.97364 and (3) 7.89594 and (2) 8.17563 and (6) 8.19967.
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.