Market Watch
Today: 154 pips
This week: 229 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 (Oct) – Monthly MACD is going deep under the zero line and STOC is sinking deeper in the oversold area, 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) 0.94245 and (3) 0.96199 and (6) 0.95658.
AUDJPY (Oct) – The monthly MACD is going sideway right under the zero line and STOC is refusing to go deeper in the oversold area, so this is a chance to buy it – Today 10/3 we closed some of our positions and took a profit of 38 pips. We are now holding covered long positions at (6) 83.116 and (3) 82.608 and (2) 82.182 and temporary short positions at (5) 81.389.
CADCHF (Oct) – Monthly MACD continues going sideway at the zero line and STOC is slowing down right at the mid level, so it’s is still a chance to sell this pair – We are now holding short positions at (4) 0.76012 and (5) 0.75368 and (3) 0.75903 and (1) 0.76446 and (6) 0.76734 and long temporary positions at (2) 0.75414.
EURCAD (Oct) – Monthly MACD is on its way downward after a cross on the upper side and STOC is reaching almost to the oversold level, so it’s a chance to sell this pair – We are now holding short positions at (4) 1.50226 and temporary long positions at (5) 1.54177 and (2) 1.51763 and (1) 1.50172 and (6) 1.48585 and (3) 1.48277.
NZDJPY (Oct) – The monthly MACD is trying to go back up to the zero line and STOC is starting to leave the the oversold level, so it’s a chance to buy it – Today 10/3 we closed some of our positions and took a profit of 41 pips. We are now holding covered long positions at (1) 76.376 and (2) 75.266 and temporary short positions at (6) 75.297.
USDCHF (Oct) – Monthly MACD is still hovering above the zero line and STOC already made a cross downward, so it’s a chance to sell it – Today 10/3 we closed some of our positions and took a profit of 29 pips. We are now holding covered short positions (5) 0.96106 and (1) 0.97384 and (4) 0.98398 and (2) 0.98915 and temporary long positions at (3) 0.99693 and (6) 0.98461.
USDNOK (Oct) – Monthly MACD is still lingering at the zero line and STOC is backing off from the overbought level, so it is a chance to sell this pair – Today 10/3 we closed some of our positions and took a profit of 46 pips. We are now holding long positions at (4) 8.17751 and (2) 8.10341 and temporary covered short positions at (5) 7.79139 and (1) 7.97364 and (6) 8.18248.
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.