Market Watch

Yesterday: 670 pips
This week: 731 pips
This month: 3148 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 9/18 we closed some of our positions and took a profit of 78 pips. We are now holding temporary short positions at (4) 82.812 and (5) 82.933 and (2) 83.988 and (6) 85.502 and (1) 86.520.

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 – 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 (3) 1.51763.

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 9/18 we closed some of our positions and took a profit of 113 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 (5) 130.893.

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 9/18 we closed some of our positions and took a profit of 290 pips. We are now holding covered short positions at (5) 9.51744 and (4) 9.52177 and temporary long positions at (2) 9.63052 and (1) 9.55376 and (6) 9.52784.

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 (1) 1.16593 and temporary long positions at (4) 1.18934 and (2) 1.16755.

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 – Yesterday 9/18 we closed some of our positions and took a profit of 42 pips. We are now holding covered long positions at (1) 76.376 and (2) 75.266 and (5) 73.844 and (6) 74.008.

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 9/18 we closed some of our positions and took a profit of 90 pips. We are now holding temporary short positions at (5) 108.437 (2) 106.735 and (3) 108.761 and (4) 112.301.

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 9/18 we closed some of our positions and took a profit of 57 pips. We are now holding long positions at (4) 8.17751 and (6) 8.15305 and temporary covered short positions at (5) 7.79139 and (1) 7.97364 and (3) 7.89594 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.

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