Market Watch
Profit: 98 pips
This week: 150 pips
This month: 3629 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)
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 – We are now holding long positions at (2) 80.867 and and temporary short positions at (5) 79.133 and (1) 81.035.
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) 0.73666.
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 (2) 113.419 and covered temporary short positions at (1) 111.795 and (6) 112.622 and (5) 113.702.
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 – We are now holding short positions at (4) 1.50282 and (5) 1.51031 and (1) 1.51978 and (2) 1.53109 and (6) 1.53500.
EURUSD (Dec) – 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 – Today 12/19 we closed some of our positions and took a profit of 72 pips. We are now holding covered long positions at (4) 1.18934 and (1) 1.15003 and (3) 1.14717 and (5) 1.13851.
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 – Today 12/19 we closed some of our positions and took a profit of 98 pips. We are now waiting for another chance to get back in.
NZDJPY (Dec) – The monthly MACD continues to go sideway under the zero line and STOC is starting to leave the the oversold level, so it’s a chance to buy it – We are now holding long positions at (2) 76.989 and temporary covered short positions at (6) 75.205 and (5) 76.245 and (3) 76.528 and (1) 76.843.
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) 1.32592 and (2) 1.31958 and (6) 1.31232 and (1) 1.33460.
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 long positions at (4) 112.200 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.