Market Watch

Profit: 70 pips
This week: 570 pips
This month: 3479 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) 0.71422.

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 – We are now holding long positions at (4) 113.930 and covered temporary short positions at (1) 111.795 and (6) 112.622 and (5) 114.301.

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 12/14 we closed some of our positions and took a profit of 70 pips. We are now holding short positions at (4) 1.50282 and (5) 1.51031 and temporary long positions at (1) 1.51040.

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) 128.164.

EURUSD (Nov) – Monthly MACD is going to pass the zero line and STOC is already in the oversold level, so it’s a chance to buy this pair – We are now holding covered long positions at (4) 1.18934 and (1) 1.15003 and (3) 1.14717 and (5) 1.13851 and (2) 1.12880.

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) 1.68174.

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) 142.567.

GBPUSD (Dec) – Monthly MACD is still going sideway under the zero line and STOC is deep in the oversold level, so it’s a chance to buy this pair – We are now holding long positions at (1) 1.27854 and (2) 1.25702.

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 (6) 0.99747 and temporary long positions at (3) 0.99931.

USDNOK (Dec) – Monthly MACD seems unable to go higher from the zero line and STOC is reaching too high in the overbought level, so it is a chance to sell this pair – We are now holding temporary covered short positions at (5) 8.06851 and (1) 8.18242 and (2) 8.82869 and (3) 8.00149 and (6) 8.43331 and (4) 8.44240.

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.