Market Watch

Yesterday and Today: 379 pips
This week: 672 pips
This month: 3504 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 temporary short positions at (6) 0.93534.

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 10/19 we closed some of our positions and took a profit of 33 pips. We are now holding covered long positions at (6) 83.116 and (3) 82.608 and (2) 82.182 and (1) 80.653 and and temporary short positions at (5) 80.302.

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 – Today 10/19 we closed some of our positions and took a profit of 50 pips. We are now holding short positions at (4) 0.76012 and (3) 0.75903 and (1) 0.76121.

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 10/19 we closed some of our positions and took a profit of 46 pips. We are now holding long positions at (3) 86.434 and temporary short positions at (4) 82.812 and (2) 83.988 and (6) 85.502 and (1) 85.989.

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 10/19 we closed some of our positions and took a profit of 33 pips. We are now holding short positions at (4) 1.49784 and temporary long positions at (5) 1.50963 and (2) 1.51763 and (1) 1.50320.

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 – Yesterday 10/18 we closed some of our positions and took a profit of 75 pips. We are now holding long positions at (4) 1.18934 and (1) 1.15971 and (2) 1.15331 and (3) 1.14587 and temporary covered short positions at (5) 1.13102 and (6) 1.14559.

NZDCAD (Oct) – Monthly MACD is leaving down from the zero line and STOC is going deeper in the oversold level, so this is a chance to buy it – Today 10/19 we closed some of our positions and took a profit of 50 pips. We are now holding long positions at (2) 0.91676 and (4) 0.90231 and (1) 0.88025 and (3) 0.89577 and (6) 0.86752.

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 10/19 we closed some of our positions and took a profit of 40 pips. We are now holding covered long positions at (1) 76.376 and (2) 75.266 and (5) 74.258 and temporary short positions at (6) 73.670.

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 – We are now holding short positions at (5) 1.30140 and (4) 1.30240 and (6) 1.30719 and temporary long positions at (1) 1.30759 and (2) 1.30547.

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 10/19 we closed some of our positions and took a profit of 52 pips. We are now holding temporary covered short positions at (5) 7.79139 and (1) 8.07339 and (2) 8. and (3) 8.19590 and (6) 8.27102 and long positions at (4) 8.27554.

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.