Market Watch

Profit: 554 pips
This week: 2194 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 12/6 we closed some of our positions and took a profit of 69 pips. We are now holding covered long positions at (1) 0.73348 and temporary short positions at (3) 0.71639.

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 12/6 we closed some of our positions and took a profit of 127 pips. We are now holding long positions at (2) 81.265 and temporary short positions at (5) 79.133 and (1) 81.035 and (2) 82.327.

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 – 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.

CADCHF (Dec) – Monthly MACD continues going sideway at the zero line and STOC is going down from the mid level, so it’s is still a chance to sell this pair – Yesterday 12/5 we closed some of our positions and took a profit of 47 pips. We are now holding short positions at (4) 0.74395 and temporary long positions at (5) 0.76637 and (2) 0.76086 and (1) 0.75462 and (3) 0.74422.

CADJPY (Dec) – Monthly MACD continues to go sideway right at the zero line and STOC is going downward to the oversold level, so it’s a chance to buy it – We are now holding long positions at (3) 86.434 and (1) 86.052 and (6) 84.108 and temporary short positions at (4) 82.812 and (5) 82.933 and (2) 83.988.

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 12/6 we closed some of our positions and took a profit of 80 pips. We are now holding short positions at (4) 1.50282 and (5) 1.51942 and (1) 1.52892.

EURJPY (Dec) – Monthly MACD is getting down almost to the zero line and STOC is touching the oversold level, it’s still a chance to sell this pair – We are now holding covered short positions at (2) 123.028 and (3) 124.248 and (4) 127.101 and temporary long positions at (1) 131.701 and (5) 130.090 and (6) 127.981.

EURNOK (Dec) – Monthly MACD is slowing down on its way to the zero line and STOC is making a crossover at the mid level, so it’s still a chance to sell this pair. We are now holding short positions at (5) 9.61875 and (6) 9.55286 and (4) 9.58905 and (1) 9.62430 and (2) 9.70337.

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 12/6 we closed some of our positions and took a profit of 48 pips. We are now holding temporary long positions at (4) 1.77174.

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 12/6 we closed some of our positions and took a profit of 58 pips. We are now holding temporary long positions at (6) 1.91398 and (4) 1.87665 and (2) 1.85865 and (1) 1.85222.

NZDCHF (Dec) – The monthly MACD is trying to go back up to the zero line and STOC is passing the mid level, so this is a chance to buy it – Today 12/6 we closed some of our positions and took a profit of 64 pips. We are now holding temporary short positions at (6) 0.65285 and (4) 0.66444 and (2) 0.67854 and (1) 0.68555.

NZDUSD (Dec) – Monthly MACD is trying to go back to the zero line and STOC is heading up and out of the oversold level, so it’s a chance to buy this pair – Today 12/6 we closed some of our positions and took a profit of 61 pips. We are now holding temporary short positions at (6) 0.67979 and (3) 0.67830 and (2) 0.68055 and (4) 0.69022.

USDCAD (Dec) – 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 – 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) 1.33962.

USDJPY (Dec) – Monthly MACD seems going nowhere at the zero line and STOC is turning down from the overbought level, so it is still a chance to buy this pair – We are now holding lonmg positions at (6) 112.745 and (4) 112.315 and temporary short positions at (5) 108.437 (2) 106.735 and (3) 108.761 and (1) 110.654.

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.