Market Watch
Profit: 146 pips
This week: 530 pips
This month: 8435 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 – We are now holding long positions at (1) 0.96577 and (2) 0.96063 and (4) 0.95698 and (5) 0.95145 and (6) 0.94753.
AUDNZD (Jan) – Monthly MACD is trying to go lower from the zero line and STOC is going sideway at the oversold level, so this is still a chance to buy this pair – We are now holding covered long positions at (1) 1.07774 and (4) 1.08865 and (6) 1.08539 and (5) 1.06742 and (2) 1.04800.
EURGBP (Jan) – The monthly MACD continues to hover above the zero line and STOC is turning back to the overbought level, so this is a chance to sell it – We are now holding temporary long positions at (1) 0.87041.
EURUSD (Jan) – Monthly MACD is lingering at the zero line on the way down and STOC is trying to get out of the oversold level, so it’s a chance to buy this pair – We are now holding covered long positions at (4) 1.18934 and (1) 1.15003 and (3) 1.14717 and (5) 1.14066 and (2) 1.13613 and (6) 1.13383.
GBPAUD (Jan) – Monthly is still linger at the zero line and STOC is trying to get back to the overbought level, so this is a chance to sell it – We are now holding short positions at (4) 1.83718.
GBPCAD (Jan) – The monthly MACD continues to go sideway under the zero line and STOC is hovering over the oversold level, so this is still a chance to sell it – We are now holding short positions at (4) 1.74286.
GBPNZD (Jan) – The monthly MACD is still going sideway at the zero line and STOC is turning back from the oversold level, so this is a chance to buy it – Today 1/24 we closed some of our positions and took a profit of 72 pips. We are now waiting for another chance to get back in.
GBPUSD (Jan) – Monthly MACD is still going sideway under the zero line and STOC is trying to turn up from deep in the oversold level, so it’s a chance to buy this pair – We are now holding long positions at (5) 1.34963 and temporary short positions at (1) 1.30537.
NZDCAD (Jan) – Monthly MACD is trying to get back to the zero line and STOC is reaching up almost the oversold level, so this is a chance to buy it – Today 1/24 we closed some of our positions and took a profit of 74 pips. We are now holding long positions at (2) 0.90409 and temporary short positions at (5) 0.87403 and (6) 0.88326 and (3) 0.89724 and (4) 0.89507.
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.