Market Watch

Yesterday: 339 pips
This week: 1414 pips
This month: 6361 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 – Yesterday 11/21 we closed some of our positions and took a profit of 43 pips. We are now holding covered long positions at (1) 0.96839 and (2) 0.96560 and temporary short positions at (6) 0.95448 and (5) 0.95375 and (4) 0.95617 and (3) 0.96157.

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 – We are now holding temporary short positions at (5) 79.133 and (1) 81.035 and (6) 81.677 and (2) 82.148.

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 (2) 1.06230 and temporary covered long positions at (1) 1.07774 and (4) 1.08865 and (6) 1.08539 and (3) 1.07235 and (5) 1.06742.

CADCHF (Nov) – Monthly MACD continues going sideway at the zero line and STOC is heading up from the mid level, so it’s is still a chance to sell this pair – Yesterday 11/21 we closed some of our positions and took a profit of 40 pips. We are now holding temporary long positions at (5) 0.76637 and (2) 0.76086 and (1) 0.75462.

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 11/21 we closed some of our positions and took a profit of 51 pips. We are now holding long positions at (3) 86.434 and (1) 86.052 and (6) 85.484 and temporary short positions at (4) 82.812 and (5) 82.933 and (2) 83.988.

EURCAD (Nov) – Monthly MACD is on its way downward to the zero line and STOC is almost touching to the oversold level, so it’s a chance to sell this pair – Yesterday 11/21 we closed some of our positions and took a profit of 111 pips. We are now holding short positions at (4) 1.50774 and temporary long positions at (2) 1.51763.

GBPAUD (Nov) – Monthly MACD continues to go sideway right at the zero line and STOC is leaving the oversold area after a cross downward, so this is a chance to sell it – We are now holding temporary long positions at (4) 1.75828.

GBPNZD (Nov) – The monthly MACD continues to go sideway at the zero line and STOC is going down from the overbought level, so this is a chance to sell it – We are now holding temporary long positions at (6) 1.91398 and (4) 1.88027 and (2) 1.86914.

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 – We are now holding long positions at (1) 1.27660.

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 – Yesterday 11/21 we closed some of our positions and took a profit of 42 pips. We are now holding temporary short positions at (5) 0.87403 and (6) 0.88326 and (3) 0.88427 and (1) 0.89004 and (4) 0.90149.

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 – We are now holding temporary covered short positions at (6) 75.205 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 – We are now holding covered long positions at (5) 0.69119 and (1) 0.69078 and (4) 0.68632 and temporary short positions at (6) 0.67362 and (3) 0.67830 and (2) 0.68464..

USDCAD (Nov) – 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 11/21 we closed some of our positions and took a profit of 52 pips. We are now holding short positions at (5) 1.30257 and (4) 1.30240 and (3) 1.30421 and (2) 1.31958 and (6) 1.31232 and (1) 1.32328.

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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