Market Watch

Today: 261 pips
This week: 1256 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)

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 – Today 10/5 we closed some of our positions and took a profit of 58 pips. We are now holding short positions (2) 1.11536 and (5) 1.11205 and (3) 1.11963 and (6) 1.11960 and (4) 1.13740.

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. Today 10/5 we closed some of our positions and took a profit of 75 pips. We are now holding covered short positions at (5) 9.45709 and temporary long positions at (2) 9.63052 and (1) 9.55376 and (6) 9.52243.

GBPCHF (Aug) – Monthly MACD continues to go side way under the zero line and STOC is slowing down under the mid level, so it’s still a chance to sell this pair – Today 10/5 we closed some of our positions and took a profit of 70 pips. We are now waiting for another chance to get back in.

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 10/5 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 (3) 1.29624 and (4) 1.29195..

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.