Market Watch

Profit: 68 pips
This week: 1317 pips
This month: 4796 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) 0.96063 and 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 – We are now holding covered long positions at (1) 0.73348 and (5) 0.71745 and (4) 0.71422 and (2) 0.70723 and (6) 0.70193.

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 (1) 79.407 and (5) 79.187 and (6) 78.776.

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) 84.049 and (6) 84.617 and (2) 84.038 and (5) 82.945 and (4) 82.481.

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 (5) 112.776 and (6) 112.162 and covered temporary short positions at (1) 111.795.

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) 1.52448 and (5) 1.51031 and (1) 1.51978 and (2) 1.53109 and (6) 1.53500 and (3) 1.53704.

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 12/21 we closed some of our positions and took a profit of 60 pips. We are now holding covered long positions at (4) 1.18934 and (1) 1.15003 and (3) 1.14717.

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 (2) 0.66827 and temporary short positions at (6) 0.65285 and (4) 0.66444.

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 – Today 12/21 we closed some of our positions and took a profit of 68 pips. We are now holding long positions at (2) 76.989 and (1) 75.357.

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 (2) 0.67669 and temporary short positions at (4) 0.67325.

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 (6) 111.450 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.