Market Watch

Profit: 161 pips
This month: 3070 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 (5) 0.71745 and (4) 0.71470 and (2) 0.71230.

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) 1.05995 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 still a chance to sell it. We are now holding temporary covered long positions at (5) 0.75289 and (2) 0.76086 and (1) 0.75462 and (3) 0.74422 and (4) 0.74604 and (6) 0.73809.

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) 84.617 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 12/10 we closed some of our positions and took a profit of 43 pips. We are now holding long positions at (4) 113.924 and covered temporary short positions at (1) 111.795 and (6) 112.622 and (5) 114.301.

EURCHF (Dec) – Monthly MACD is almost touching to the zero line from the upper side and STOC is entering the oversold level, so it’s a chance to buy this pair – We are now holding short positions (2) 1.11536 and (5) 1.11205 and (3) 1.11963 and (6) 1.11960 and temporary covered long positions at (1) 1.13470 and (4) 1.13137.

EURGBP (Dec) – The monthly MACD is slowly going down to the zero line and STOC is turning back to the overbought level, so this is a chance to sell it – We are now holding short positions at (1) 0.88611 and (4) 0.90393.

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 – Yesterday 12/10 we closed some of our positions and took a profit of 69 pips. 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.

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) 9.70925.

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 1.68612.

GBPCHF (Dec) – Monthly MACD is starting to go down after making a cross and STOC is entering the oversold area, so it’s a chance to buy this pair – We are now holding long positions at (4) 1.27403 and (1) 1.24382.

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 and (5) 142.274.

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 – We are now holding temporary long positions at (6) 1.91398 and (4) 1.87665 and (2) 1.85865 and (1) 1.85222 and (5) 1.82871.

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 – We are now holding long positions at (5) 0.68320 and (1) 0.68118 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 – We are now holding long positions at (1) 0.68838 and 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 – 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) 1.33460.

USDCHF (Dec) – Monthly MACD seems unable to go higher above the zero line and STOC is going sideway in the overbought area, so it’s a chance to sell it – 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 and (6) 0.99007.

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 – Today 12/11 we closed some of our positions and took a profit of 49 pips. We are now holding 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.