Market Watch

Today: 567 pips
This month: 1823 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 (Oct) – Monthly MACD is starting to go up at the zero line and STOC is slowing down still under the overbought level, so it’s a chance to buy it – Today 10/8 we closed some of our positions and took a profit of 105 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 and (3) 87.050.

CHFJPY (Oct) – Monthly MACD is trying to go up from the zero line and STOC is going sideway under the overbought level, so this is a chance to buy this pair – Today 10/8 we closed some of our positions and took a profit of 52 pips. 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 (5) 113.115.

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 – Today 10/8 we closed some of our positions and took a profit of 55 pips. We are now holding temporary long positions at (5) 1.50963 and (2) 1.51763 and (1) 1.50172 and (6) 1.48585.

EURGBP (Oct) – The monthly MACD is slowly going down from above the zero line and STOC is going sideway under the mid level, so this is still a chance to sell it – Today 10/8 we closed some of our positions and took a profit of 70 pips. We are now holding temporary long positions at (4) 0.88755.

EURJPY (Oct) – Monthly MACD is still hovering above the zero line and STOC is slowing down right under the mid level, so it is a chance to sell this pair – Today 10/8 we closed some of our positions and took a profit of 109 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) 131.701..

EURUSD (Oct) – Monthly MACD is almost touching the zero line and STOC is entering the oversold level, so it’s a chance to buy this pair – We are now holding long positions at (4) 1.18934 and (2) 1.15782 and (1) 1.15971 and temporary covered short positions at (5) 1.13102.

USDCAD (Oct) – The monthly MACD continues to linger at the zero line and STOC is slowing down right under the overbought level, so this is a chance to sell it – Today 10/8 we closed some of our positions and took a profit of 58 pips. We are now holding short positions at (5) 1.30140 and temporary long positions at (1) 1.30759 and (2) 1.30547 and (4) 1.29195.

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 – We are now holding covered short positions (5) 0.96106 and (1) 0.97384 and (4) 0.98398 and (2) 0.98915 and (6) 0.99320 and temporary long positions at (3) 0.99693.

USDJPY (Oct) – Monthly MACD seems go nowhere at the zero line and STOC is touching the overbought level, so it is still a chance to buy this pair – Today 10/8 we closed some of our positions and took a profit of 86 pips. We are now holding temporary short positions at (5) 108.437 (2) 106.735 and (3) 108.761 and and (1) 110.654 and (4) 112.301 and (6) 113.007..

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 10/8 we closed some of our positions and took a profit of 32 pips. We are now holding 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.