Market Watch

Profit: 555 pips
This week: 1,022 pips
This month: 1,752 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)

AUDNZD (Feb) – Monthly MACD is going down further from the zero line and STOC is going sideway at the oversold level, so this is 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 (3) 1.04132.

EURCAD (Feb) – Monthly MACD continues to go down to the zero line and STOC is trying to reach the mid level, it’s still a chance to sell this pair – Yesterday 2/5 we closed some of our positions and took a profit of 198 pips. We are now holding short positions at (2) 1.51463 and temporary long positions at (1) 1.50543 and (6) 1.49905.

EURGBP (Feb) – The monthly MACD is going down to the zero line and STOC is going sideway right under the mid level, so this is a chance to buy it a little bit – Yesterday 2/5 we closed some of our positions and took a profit of 125 pips. We are now waiting for another chance to get back in.

NZDCHF (Feb) – The monthly MACD is trying to go back up to the zero line and STOC is going sideway right above the mid level, so this is a chance to buy it – Yesterday 2/5 we closed some of our positions and took a profit of 152 pips. We are now holding long positions at (5) 0.68320 and temporary short positions at (2) 0.68699.

USDJPY (Feb) – Monthly MACD is back down at the zero line and STOC is reaching down to mid level, so it is still a chance to buy this pair – Yesterday 2/5 we closed some of our positions and took a profit of 80 pips. We are now holding long positions at (4) 111.370 and (6) 111.450 and (1) 109.700 and (2) 109.345 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.