Market Watch

Today: 715 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 (Nov) – 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) 0.94346.

AUDCHF (Nov) – Monthly MACD is still lingering right under the zero line and STOC is reaching out of the oversold level, so it is a chance to buy this pair – We are now holding covered long positions at (1) 0.73019 and (4) 0.72205 and (5) 0.72679 (2) 0.72381 and temporary short positions at (3) 0.71639 and (6) 0.72264.

AUDJPY (Nov) – The monthly MACD continues to go sideway right under the zero line and STOC is trying to get out of the oversold area, so this is a chance to buy it – Today 11/1 we closed some of our positions and took a profit of 103 pips. We are now holding covered long positions at (6) 81.104 and (3) 82.608 and (2) 82.182 and and temporary short positions at (5) 79.133 and (1) 81.035.

GBPCAD (Nov) – The monthly MACD made a cross downward under the zero line and STOC is near the oversold level, so this is still a chance to sell it – – Today 11/1 we closed some of our positions and took a profit of 180 pips. We are now holding temporary long positions at (1) 1.70898.

GBPUSD (Nov) – Monthly MACD made a cross downward under the zero line and STOC is already in the oversold level, so it’s a chance to buy this pair – Today 11/1 we closed some of our positions and took a profit of 211 pips. We are now waititng for another chance to get back in.

NZDCAD (Nov) – Monthly MACD is trying to get back to the zero line and STOC is attempting to come out of the oversold level, so this is a chance to buy it – We are now holding long positions at (2) 0.91676 and (4) 0.90231 and (1) 0.88025 and (3) 0.87273 and temporary short positions at (5) 0.84897 and (6) 0.86671.

NZDCHF (Nov) – The monthly MACD is going sideway under the zero line and STOC is leaving the oversold area, so this is a chance to buy it – Today 11/1 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 temporary short positions at (6) 0.65285 and (4) 0.66444.

NZDJPY (Nov) – The monthly MACD continues to go sideway under the zero line and STOC is starting to leave the the oversold level, so it’s a chance to buy it – – Today 11/1 we closed some of our positions and took a profit of 182 pips. We are now holding covered long positions at (1) 76.376 and temporary short positions at (6) 73.074 and (5) 74.738.

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.