Market Watch

Yesterday: 656 pips
This week: 1621 pips
This month: 2420 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 slowing down under the zero line and STOC is trying to come out of the oversold area with a cross, 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 (3) 0.96199 and temporary short positions at (6) 0.94346 and (5) 0.95375.

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 – Yesterday 11/7 we closed some of our positions and took a profit of 113 pips. We are now holding covered long positions at (1) 0.73019 and temporary short positions at (3) 0.71639 and (6) 0.72264 and (4) 0.72520 and (5) 0.72962.

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 – Yesterday 11/7 we closed some of our positions and took a profit of 29 pips. We are now holding temporary short positions at (5) 79.133 and (1) 81.035 and (6) 81.677 and (2) 82.510 and (3) 82.696.

AUDNZD (Nov) – Monthly MACD is reaching down almost to the zero line and STOC is passing the mid level on the way down, so this is still a chance to sell it – 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) 1.08539 and (3) 1.07235.

CADJPY (Nov) – Monthly MACD is starting to go up from the zero line and STOC is slowing down still under the overbought level, so it’s a chance to buy it – Yesterday 11/7 we closed some of our positions and took a profit of 57 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) 86.613.

EURGBP (Nov) – The monthly MACD is slowly going down to the zero line and STOC is aiming to the oversold level on the way down, so this is still a chance to sell it – We are now holding temporary long positions at (4) 0.87046.

EURUSD (Nov) – Monthly MACD is going to pass the zero line and STOC is already in the oversold level, so it’s a chance to buy this pair – Yesterday 11/7 we closed some of our positions and took a profit of 149 pips. We are now holding long positions at (4) 1.18934 and (1) 1.15003 and (3) 1.14717 and temporary covered short positions at (5) 1.13102 and (6) 1.13484 and (2) 1.14267.

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 temporary short positions at (5) 0.84897 and (6) 0.86671 and (3) 0.88427 and (1) 0.89004.

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 – Yesterday 11/7 we closed some of our positions and took a profit of 52 pips. We are now holding covered long positions at (5) 0.68473 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 – Yesterday 11/7 we closed some of our positions and took a profit of 85 pips. We are now holding temporary short positions at (6) 73.074 and (5) 74.738 and (2) 95.398 and (3) 76.528 and (1) 76.843.

NZDUSD (Nov) – Monthly MACD is going sideway right under the zero line and STOC is making a cross in an attempt to come out of the oversold level, so it’s a chance to buy this pair – Yesterday 11/7 we closed some of our positions and took a profit of 76 pips. We are now holding covered long positions at (5) 0.69119 and (1) 0.69078 and (4) 0.68632 and (2) 0.68258 and temporary short positions at (6) 0.67362 and (3) 0.67836.

USDNOK (Nov) – 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 – Yesterday 11/7 we closed some of our positions and took a profit of 95 pips. We are now holding temporary covered short positions at (5) 7.79139 and (1) 8.07339 and (2) 8.82869 and (3) 8.19590 and (6) 8.31332 and long positions at (4) 8.44006.

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.