Market Watch
Profit: 1111 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 (Jan) – Monthly MACD is turning back from the attemp to reach the zero line and STOC is slowing down on the way to the mid level, so this is a chance to buy it – Yesterday 1/2 we closed some of our positions and took a profit of 271 pips. We are now holding long positions at (1) 0.96577 and (2) 0.96063 and (5) 0.94582 and temporary short positions at (4) 0.95617.
AUDCHF (Jan) – Monthly MACD is slowly going down from the zero line and STOC is hovering right above the oversold level, so it is a chance to buy this pair – We are now holding covered long positions at (1) 0.69610 and (5) 0.70555 and (4) 0.69983 and (2) 0.70723 and (6) 0.70193.
AUDJPY (Jan) – The monthly MACD is going down from the zero line and STOC seems unable to get up further from the oversold level, so this is still a chance to buy it – We are now holding covered long positions at (2) 79.402 and (1) 78.527 and (5) 77.829 and (6) 78.776 and (3) 78.454.
CADJPY (Jan) – Monthly MACD is leaving down from the zero line and STOC is entering the oversold level, so it’s a chance to buy it – We are now holding covered long positions at (3) 86.434 and (1) 84.049 and (6) 83.193 and (2) 82.669 and (5) 82.945 and (4) 82.481.
CHFJPY (Jan) – Monthly MACD is lingering right under the zero line and STOC is going down near the oversold 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 (1) 111.697 and (3) 108.863.
EURJPY (Jan) – Monthly MACD is passing through the zero line and STOC is going sideway at the oversold level, it’s still a chance to sell this pair – Yesterday 1/2 we closed some of our positions and took a profit of 595 pips. We are now holding temporary long positions at (1) 131.701 and (5) 130.090 and (6) 128.164 and (4) 126.556 and (2) 121.843.
NZDCHF (Jan) – The monthly MACD is trying to go back up to the zero line and STOC is slowing down under 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 (4) 0.66463 and (6) 0.66195 and (3) 0.65492.
NZDJPY (Jan) – The monthly MACD continues going down from the zero line and STOC is still hovering right over the the oversold level, so it’s a chance to buy it – We are now holding long positions at (2) 75.034 and (1) 73.213 and (5) 74.413 and (6) 74.120 and (3) 73.601.
NZDUSD (Jan) – Monthly MACD is trying to go back to the zero line and STOC is slowing down after breaching 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 (4) 0.67224 and (6) 0.66323.
USDJPY (Jan) – Monthly MACD seems going nowhere at the zero line and STOC is going down from the overbought level, so it is still a chance to buy this pair – Yesterday 1/2 we closed some of our positions and took a profit of 245 pips. We are now holding long positions at (4) 111.370 and (6) 111.450 and (1) 109.700 and (2) 107.177 and temporary short positions at (5) 108.437.
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.