Market Watch

Profit: 282 pips
This week: 467 pips
This month: 1,197 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 (Feb) – Monthly MACD is slowing down from the attemp to reach the zero line and STOC is turning down from the mid level, so this is still 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 (3) 0.94611.

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. We are now holding covered long positions at (4) 0.75707 and temporary short positions at (1) 0.75621 and (5) 0.76102

CADJPY (Feb) – Monthly MACD is reluctant to go down further from the zero line and STOC is continue to hover over the oversold level, so it’s a chance to buy it – Yesterday 2/4 we closed some of our positions and took a profit of 209 pips. We are now holding covered long positions at (3) 86.434 and (1) 84.049 and (4) 83.812 and temporary short positions at (5) 83.820.

NZDJPY (Feb) – The monthly MACD is attempting to go back up to the zero line and STOC is slowing down on the way to the mid level, so it’s a chance to buy it – Yesterday 2/4 we closed some of our positions and took a profit of 73 pips. We are now holding long positions at (2) 75.034 and (6) 75.273 and (5) 75.720 and temporary positions at (1) 75.810.

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.