Market Watch

Profit: 730 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 (Feb) – Monthly MACD is attempting to go back to the zero line and STOC is slowing down on the way to the mid level, so it is a chance to buy this pair – We are now holding long positions at (6) 0.72189 and (1) 0.72383 and temporary short positions at (4) 0.72045.

AUDJPY (Feb) – The monthly MACD is going slowly further down from the zero line and STOC seems unable to get up higher from the oversold level, so this is still a chance to buy it – Today 2/1 we closed some of our positions and took a profit of 81 pips. We are now holding covered long positions at (2) 79.402 and (1) 79.286 and (5) 79.577.

AUDUSD (Feb) – Monthly MACD is trying to get back up to the zero line and STOC is still lingering above the oversold level, so it’s a chance to buy this pair – We are holding covered long positions at (5) 0.73728 and (3) 0.74624 and (6) 0.71556 and temporary short positions at (6) 0.72460.

CADCHF (Feb) – Monthly MACD is attempting to get back up to the zero line and STOC is slowing down right above the oversold level, so it’s still a chance to buy it. Today 2/1 we closed some of our positions and took a profit of 237 pips. We are now holding covered long positions at (4) 0.75707 and (5) 0.76030 and temporary short positions at (1) 0.75621.

CADJPY (Feb) – Monthly MACD is leaving down from the zero line and STOC is going sideway above the oversold level, so it’s a chance to buy it – Today 2/1 we closed some of our positions and took a profit of 119 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 (4) 83.812 and (5) 82.875.

EURJPY (Feb) – Monthly MACD is passing through the zero line and STOC is finishing a crossover above the oversold level, it’s still a chance to sell this pair – Today 2/1 we closed some of our positions and took a profit of 87 pips. We are now holding temporary long positions at (1) 127.929 and (5) 130.090 and (6) 128.164 and (4) 126.556 and (3) 125.575.

NZDJPY (Feb) – The monthly MACD is starting to make a crossover aiming at the zero line and STOC is still hovering over the the oversold level, so it’s a chance to buy it – Today 2/1 we closed some of our positions and took a profit of 118 pips. We are now holding long positions at (2) 75.034 and (1) 74.992 and (6) 75.273 and (5) 75.720.

NZDUSD (Feb) – Monthly MACD is making a cross upward to the zero line and STOC is going sideway under the mid level, so it’s a chance to buy this pair – Today 2/1 we closed some of our positions and took a profit of 88 pips. We are now holding long positions at (1) 0.68838 and (2) 0.68466 and (6) 0.68387 and (5) 0.69118 and temporary short positions at (3) 0.69067.

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.