Market Watch

Profit: 1373 pips
This month: 2484 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 (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 – Yesterday 1/6 we closed some of our positions and took a profit of 111 pips. We are now holding covered long positions at (2) 79.402 and (1) 78.527 and (5) 77.829 and (6) 77.215 and (3) 78.454.

AUDUSD (Jan) – Monthly MACD is trying to get back up to the zero line and STOC is making an attempt to get out of the oversold level, so it’s a chance to buy this pair – Yesterday 1/6 we closed some of our positions and took a profit of 138 pips. We are holding covered long positions at (1) 0.75819 and (5) 0.73728 and (3) 0.74624 and (6) 0.71445 and (2) 0.71360.

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 – Yesterday 1/6 we closed some of our positions and took a profit of 118 pips. 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) 110.011.

EURCAD (Jan) – Monthly MACD is slowing down on its way downward to the zero line and STOC is trying to come up to the mid level, it’s still a chance to sell this pair – Yesterday 1/6 we closed some of our positions and took a profit of 83 pips. 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 (Jan) – 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 – Yesterday 1/6 we closed some of our positions and took a profit of 114 pips. We are now holding short positions at (1) 0.88611 and (4) 0.89865 and (2) 0.90519.

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 1/6 we closed some of our positions and took a profit of 159 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) 123.572.

EURNOK (Jan) – Monthly MACD is slowing down on its way to the zero line and STOC is trying to reach the overbought level, so it’s still a chance to sell this pair. Yesterday 1/6 we closed some of our positions and took a profit of 95 pips. We are now holding short positions at (5) 9.61875 and (6) 9.55286 and (4) 9.76165 and (1) 9.62430 and (2) 9.81205 and (3) 9.92426.

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 – Yesterday 1/6 we closed some of our positions and took a profit of 95 pips. 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) 0.66475.

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 – Yesterday 1/6 we closed some of our positions and took a profit of 199 pips. We are now holding long positions at (1) 0.68838 and (2) 0.67669 and (4) 0.67224 and (6) 0.67519 and (5) 0.67512.

USDCAD (Jan) – The monthly MACD seems unbale to go higher from the zero line and STOC is coming back from high in the overbought level, so this is a chance to sell it – Yesterday 1/6 we closed some of our positions and took a profit of 159 pips, 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) 1.33553.

USDCHF (Jan) – Monthly MACD seems unable to go higher above the zero line and STOC is going out of the overbought area, so it’s a chance to sell it – We are now holding covered short positions (5) 0.96106 and (4) 0.98398 and (2) 0.98915 and temporary long positions at (3) 0.99931 and (1) 0.98525.

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 1/6 we closed some of our positions and took a profit of 102 pips. We are now holding long positions at (4) 111.370 and (6) 111.450 and (1) 109.700 and (2) 108.282 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.