Market Watch

Profit: 821 pips
This week: 1640 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 12/5 we closed some of our positions and took a profit of 77 pips. We are now holding covered long positions at (1) 0.73348 and temporary short positions at (3) 0.71639 and (6) 0.72264.

AUDJPY (Dec) – The monthly MACD is trying to make a cross upward right under the zero line and STOC seems unable to get up further from the oversold area, so this is still a chance to buy it – Today 12/5 we closed some of our positions and took a profit of 50 pips. We are now holding temporary short positions at (5) 79.133 and (1) 81.035 and (6) 81.677 and (2) 82.327 and (3) 82.845.

AUDNZD (Dec) – Monthly MACD is slowing down right at the zero line and STOC is entering the oversold area, this is still a chance to sell it – Yesterday 12/4 we closed some of our positions and took a profit of 61 pips. We are now holding temporary covered long positions at (1) 1.07774 and (4) 1.08865 and (6) 1.08539 and (3) 1.07235 and (5) 1.06742 and (2) 1.05352.

AUDUSD (Dec) – Monthly MACD is trying to get back up to the zero line and STOC is unable to get out of the oversold level, so it’s a chance to buy this pair – Today 12/5 we closed some of our positions and took a profit of 99 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.

CHFJPY (Dec) – Monthly MACD is going sideway at the zero line and STOC is already passing the mid level, so this is a chance to buy this pair – Yesterday 12/4 we closed some of our positions and took a profit of 61 pips. We are now holding long positions at (4) 113.924 and (5) 113.097 covered temporary short positions at (1) 111.795 and (6) 112.622.

EURCAD (Dec) – Monthly MACD is slowing down on its way downward to the zero line and STOC is trying to come up from the oversold level, it’s still a chance to sell this pair – Today 12/5 we closed some of our positions and took a profit of 130 pips. We are now holding short positions at (4) 1.50282 and temporary long positions at (2) 1.51763.

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 – Today 12/5 we closed some of our positions and took a profit of 170 pips. We are now holding temporary long positions at (4) 1.77174 and (2) 1.75510.

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 – Yesterday 12/4 we closed some of our positions and took a profit of 51 pips. We are now waiting for another chance to get back in.

GBPJPY (Dec) – The monthly MACD continues to go sideway right under the zero line and STOC is almost touching the oversold area, so it is a chance to buy this pair – We are now holding long positions at (1) 144.104.

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 – Today 12/5 we closed some of our positions and took a profit of 74 pips. We are now holding temporary long positions at (6) 1.91398 and (4) 1.87665 and (2) 1.85865 and (1) 1.84298.

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 – Today 12/5 we closed some of our positions and took a profit of 48 pips. 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) 0.69022.

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.