Market Watch

Profit: 52 pips
This month: 3531 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 – We are now holding long positions at (1) 0.96577 and (2) 0.95978 and temporary short positions at (6) 0.95448 and (5) 0.95375 and (4) 0.95617 and (3) 0.95494.

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 12/16 we closed some of our positions at took a profit of 52 pips 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) 113.702.

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) 0.89865.

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) 1.25587.

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 (4) 0.67925 and temporary short positions at (6) 0.67979 and (3) 0.67830 and (2) 0.68055.

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.