Market Watch
Profit: 151 pips
This week: 819 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 – We are now holding covered long positions at (1) 0.73348 and temporary short positions at (3) 0.71639 and (6) 0.72264 and (4) 0.73440.
EURNOK (Dec) – Monthly MACD is slowing down on its way to the zero line and STOC is trying to get back at the mid level, so it’s still a chance to sell this pair. Today 12/4 we closed some of our positions and took a profit of 80 pips. We are now holding short positions at (5) 9.61875 and (6) 9.55286 and (4) 9.58905 and (1) 9.62430.
GBPAUD (Dec) – Monthly MACD continues to go sideway right at the zero line and STOC is already passing the mid level, so this is a chance to sell it – We are now holding temporary long positions at (4) 1.77174 and (2) 1.75510 and (6) 1.72865.
GBPCAD (Dec) – The monthly MACD is going down under the zero line and STOC is touching the oversold level, so this is still a chance to sell it – We are now holding long positions at (1) 1.67999..
GBPNZD (Dec) – The monthly MACD is starting to leave the zero line downward and STOC is going to enter the oversold, so this is a chance to sell it – Yesterday 12/3 we closed some of our positions and took a profit of 71 pips. We are now holding temporary long positions at (6) 1.91398 and (4) 1.87665 and (2) 1.85865.
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 temporary short positions at (6) 0.67979 and (3) 0.67830 and (2) 0.68055 and (5) 0.69310 and (4) 0.69552.
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.