Market Watch
Profit: 126 pips
This week: 488 pips
This month: 5284 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) 0.69610 and (5) 0.70555 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 covered long positions at (2) 79.402 and (1) 78.527 and (5) 79.187 and (6) 78.776 and (3) 78.454.
AUDUSD (Dec) – Monthly MACD is trying to get back up to the zero line and STOC is unable to get out of the oversold level, so it’s a chance to buy this pair – We are holding covered long positions at (1) 0.75819 and (5) 0.73728 and (3) 0.74624 and (6) 0.71445 and (2) 0.70662.
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) 0.72586 and (3) 0.74422 and (4) 0.73522 and (6) 0.73666.
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.
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 and (2) 0.90519.
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 – Yesterday 12/27 we closed some of our positions and took a profit of 48 pips. We are now holding covered short positions at (2) 123.028 and (3) 124.248 and temporary long positions at (1) 131.701 and (5) 130.090 and (6) 128.164 and (4) 126.556.
EURNOK (Dec) – Monthly MACD is slowing down on its way to the zero line and STOC is making a crossover at the mid level, so it’s still a chance to sell this pair. We are now holding short positions at (5) 9.61875 and (6) 9.55286 and (4) 9.76165 and (1) 9.62430 and (2) 9.70925 and (3) 10.05435.
EURUSD (Dec) – Monthly MACD is passing the zero line on the way down and STOC is deep in the oversold level, so it’s a chance to buy this pair – Yesterday 12/27 we closed some of our positions and took a profit of 78 pips. We are now holding covered long positions at (4) 1.18934 and (1) 1.15003 and (3) 1.14717 and (5) 1.14470.
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 and (5) 1.24803.
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 and (2) 140.536 and (3) 139.932.
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 (4) 0.66463 and (6) 0.66195.
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 (1) 75.357 and (5) 74.413 and (6) 74.120.
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) 1.32321 and (4) 1.30240 and (3) 1.32592 and (2) 1.33462 and (6) 1.31232 and (1) 1.34640.
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.