Market Watch

Yesterday: 761 pips
This week: 1389 pips
This month: 2645 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)

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 – Yesterday 10/10 we closed some of our positions and took a profit of 275 pips. We are now holding short positions at (4) 0.76012 and (3) 0.75903.

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 – Yesterday 10/10 we closed some of our positions and took a profit of 104 pips. We are now holding temporary short positions at (4) 82.812 and (2) 83.988 and (6) 85.502 and (1) 86.520.

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 10/10 we closed some of our positions and took a profit of 150 pips. We are now holding temporary long positions at (5) 1.50963 and (2) 1.51763 and (1) 1.50172.

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 – Yesterday 10/10 we closed some of our positions and took a profit of 95 pips. We are now holding short positions at (5) 1.30140 and temporary long positions at (1) 1.30759 and (2) 1.30547.

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 – Yesterday 10/10 we closed some of our positions and took a profit of 69 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.

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 – Yesterday 10/10 we closed some of our positions and took a profit of 68 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.

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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