Market Watch

Profit: 729 pips
This week: 2102 pips
This month: 3213 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)

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 – Yesterday 1/7 we closed some of our positions and took a profit of 167 pips. 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) 81.750 and (4) 82.481.

EURCAD (Jan) – Monthly MACD is slowing down on its way downward to the zero line and STOC is trying to reach the mid level, it’s still a chance to sell this pair – Yesterday 1/7 we closed some of our positions and took a profit of 165 pips. We are now holding short positions at (4) 1.52448 and (5) 1.52466 and (1) 1.51978 and (2) 1.53109 and (6) 1.53500 and (3) 1.53704.

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 1/7 we closed some of our positions and took a profit of 86 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) 124.503.

EURNOK (Jan) – Monthly MACD is slowing down on its way to the zero line and STOC is trying to go up to the overbought level, so it’s still a chance to sell this pair. Yesterday 1/7 we closed some of our positions and took a profit of 311 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) 9.78770.

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.