Market Watch

Today: 668 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)

AUDCHF (Dec) – Monthly MACD is trying to go up right under the zero line and STOC is reaching up to the mid level, so it is a chance to buy this pair – Today 12/3 we closed some of our positions and took a profit of 107 pips. We are now holding covered long positions at (1) 0.73348 and temporary short positions at (3) 0.71639 and (6) 0.72264.

AUDUSD (Dec) – Monthly MACD is ligering right under the zero line and STOC seems unable to get out of the oversold level, so it’s a chance to buy this pair – Today 12/3 we closed some of our positions and took a profit of 28 pips. We are holding long positions at (1) 0.75819 and (5) 0.73728 and (3) 0.74624 and temporary short positions at (2) 0.72249 and (6) 0.73642.

CADCHF (Dec) – Monthly MACD continues going sideway at the zero line and STOC is keeping right at the mid level, so it’s is still a chance to sell this pair – Yesterday 12/3 we closed some of our positions and took a profit of 126 pips. We are now holding short positions at (4) 0.74894 and temporary long positions at (5) 0.76637 and (2) 0.76086 and (1) 0.75462.

CADJPY (Dec) – Monthly MACD is trying to go up from the zero line and STOC is turning down from the mid level, so it’s a chance to buy it – Yesterday 12/3 we closed some of our positions and took a profit of 49 pips. We are now holding long positions at (3) 86.434 and (1) 86.052 and temporary short positions at (4) 82.812 and (5) 82.933 and (2) 83.988.

EURCAD (Dec) – Monthly MACD is on its way downward to the zero line and STOC is touching the oversold level, so it’s a chance to sell this pair – Today 12/3 we closed some of our positions and took a profit of 77 pips. We are now holding short positions at (4) 1.50282 and temporary long positions at (2) 1.51763 and (1) 1.51091.

GBPUSD (Dec) – Monthly MACD is still going sideway under the zero line and STOC is deep in the oversold level, so it’s a chance to buy this pair – We are now holding long positions at (1) 1.27854..

NZDCAD (Dec) – Monthly MACD is trying to get back to the zero line and STOC is passing up from the mid level, so this is a chance to buy it – We are now holding temporary short positions at (5) 0.87403 and (6) 0.88326 and (3) 0.89724 and (1) 0.90227 and (4) 0.89507 and (2) 0.90357.

NZDCHF (Dec) – The monthly MACD is aiming up to the zero line and STOC is reaching to the overbought level, so this is a chance to buy it – We are now holding temporary short positions at (6) 0.65285 and (4) 0.66444 and (2) 0.67854 and (1) 0.68555 and (5) 0.69121.

NZDUSD (Dec) – Monthly MACD seems unable to get back up to the zero line and STOC is slowing down after coming out of the oversold level, so it’s a chance to buy this pair – Today 12/3 we closed some of our positions and took a profit of 199 pips. We are now holding covered long positions at (1) 0.69078 and temporary short positions at (6) 0.67979 and (3) 0.67830 and (2) 0.68055 and (5) 0.69310.

USDCAD (Dec) – The monthly MACD seems to return back to the zero line and STOC is entering the overbought level, so this is a chance to sell it – Today 12/3 we closed some of our positions and took a profit of 82 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.

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.