Market Watch

Profit: 715 pips
This week: 2909 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 (Dec) – Monthly MACD is turning up to the zero line and STOC is going up to the mid level, so this is a chance to buy it – Today 12/7 we closed some of our positions and took a profit of 80 pips. We are now holding temporary short positions at (6) 0.95448 and (5) 0.95375 and (4) 0.95617 and (3) 0.95494.

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 12/7 we closed some of our positions and took a profit of 16 pips. We are now holding covered long positions at (1) 0.73348 and (5) 0.71745 and (4) 0.71470.

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 12/7 we closed some of our positions and took a profit of 20 pips. We are holding long positions at (1) 0.75819 and (5) 0.73728 and (3) 0.74624 and (6) 0.72255.

CADCHF (Dec) – Monthly MACD continues going sideway at the zero line and STOC is going down from the mid level, so it’s still a chance to sell it. Yesterday 12/6 we closed some of our positions and took a profit of 27 pips. We are now holding temporary long positions at (5) 0.76637 and (2) 0.76086 and (1) 0.75462 and (3) 0.74422 and (4) 0.74604.

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 – Today 12/7 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 temporary short positions at (4) 82.812 and (5) 82.933 and (2) 83.988.

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 12/6 we closed some of our positions and took a profit of 86 pips. We are now holding long positions at (4) 113.924 and 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 12/7 we closed some of our positions and took a profit of 154 pips. We are now holding short positions at (4) 1.50282 and (5) 1.51942.

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. Today 12/7 we closed some of our positions and took a profit of 40 pips. We are now holding short positions at (5) 9.61875 and (6) 9.55286 and (4) 9.58905 and (1) 9.62430.

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 12/7 we closed some of our positions and took a profit of 47 pips. We are now holding long positions at (5) 0.68320 and temporary short positions at (6) 0.65285 and (4) 0.66444 and (2) 0.67854.

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 12/7 we closed some of our positions and took a profit of 41 pips. We are now holding temporary short positions at (6) 0.67979 and (3) 0.67830 and (2) 0.68055.

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 – Today 12/7 we closed some of our positions and took a profit of 70 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.

USDCHF (Nov) – Monthly MACD seems unable to go higher above the zero line and STOC is lingering at the overbought level after making a cross downward, so it’s a chance to sell it – Today 12/7 we closed some of our positions and took a profit of 35 pips. We are now holding covered short positions (5) 0.96106 and (1) 0.97384 and (4) 0.98398 and (2) 0.98915 and temporary long positions at (3) 0.99931.

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 – Yesterday 12/6 we closed some of our positions and took a profit of 48 pips. We are now holding long positions at (6) 112.745 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.