Market Watch

Today: 388 pips
This month: 3892 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 – Today 10/22 we closed some of our positions and took a profit of 48 pips. 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) 0.92875.

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 10/22 we closed some of our positions and took a profit of 42 pips. We are now holding covered long positions at (6) 83.116 and (3) 82.608 and (2) 82.182 and (1) 80.352 and and temporary short positions at (5) 79.817.

AUDNZD (Oct) – Monthly MACD continues to go sideway at the zero line and STOC is right under the mid level, so this is still a chance to sell it – Yesterday 10/21 we closed some of our positions and took a profit of 45 pips. We are now holding covered short positions at (5) 1.06887 and (2) 1.06238 and temporary long positions at (1) 1.09190 and (4) 1.08865 and (6) 1.07878.

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 10/22 we closed some of our positions and took a profit of 32 pips. We are now holding short positions at (4) 1.49784 and (1) 1.50767 and temporary long positions at (5) 1.50963 and (2) 1.51763.

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 10/21 and today 10/22 we closed some of our positions and took a profit of 100 pips. We are now holding long positions at (4) 1.18934 and (1) 1.15971 and (2) 1.15331 and (3) 1.14717 and temporary covered short positions at (5) 1.13102 and (6) 1.14559.

NZDCHF (Sep) – The monthly MACD is going down from the zero line and STOC is deep in the oversold area, so this is a chance to buy it – Today 10/22 we closed some of our positions and took a profit of 39 pips. We are now holding covered long positions at (5) 0.68473 and (2) 0.67778 and (1) 0.66253 and (3) 0.68070 and (4) 0.66066 and temporary short positions at (6) 0.65285.

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 10/22 we closed some of our positions and took a profit of 33 pips. We are now holding covered long positions at (1) 76.376 and (2) 75.266 and (5) 74.258 and (3) 73.835 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 – Today 10/22 we closed some of our positions and took a profit of 49 pips. 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) 1.31129.

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.