Market Watch

Profit: 850 pips
This month: 5058 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)

AUDJPY (Feb) – The monthly MACD is going down further from the zero line and STOC seems to turn down back to the oversold level, so this is still a chance to buy it – Yesterday 2/17 we closed some of our positions and took a profit of 74 pips. We are now holding covered long positions at (2) 79.402 and (1) 79.286 and (5) 78.563 and (6) 79.072 and (3) 78.906.

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 – Yesterday 2/17 we closed some of our positions and took a profit of 83 pips. We are holding covered long positions at (5) 0.73728 and (3) 0.74624 and (2) 0.71904 and (6) 0.71513.

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 2/17 we closed some of our positions and took a profit of 137 pips. We are now holding temporary long positions at (1) 1.50543 and (6) 1.49905 and (4) 1.50202 and (2) 1.49637.

GBPAUD (Feb) – Monthly MACD is slowing down to the zero line and STOC is attempting to back up to the overbought level, so this is a chance to sell it – We are now holding temporary long positions at (4) 1.80531.

GBPCAD (Feb) – The monthly MACD continues to go sideway under the zero line and STOC is approaching the oversold level, so this is still a chance to sell it – We are now holding long positions at (1) 1.70839.

GBPUSD (Feb) – Monthly MACD is trying to get back to the zero line and STOC is going to get out of the oversold area, so it’s a chance to buy this pair – Yesterday 2/17 we closed some of our positions and took a profit of 112 pips. We are now holding long positions at (1) 1.29120.

NZDCAD (Feb) – Monthly MACD is trying to get back to the zero line and STOC is slowing down on its way to the oversold level, so this is a chance to buy it – Yesterday 1/17 we closed some of our positions and took a profit of 63 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 and (1).0.90969.

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 2/17 we closed some of our positions and took a profit of 74 pips. We are now holding long positions at (4) 0.68435 and temporary short positions at (2) 0.68699 and (1) 0.68797 and (6) 0.68467 and (5) 0.69059.

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 2/17 we closed some of our positions and took a profit of 244 pips. We are now holding long positions at (6) 76.046 and (5) 75.719 and temporary short positions at (1) 75.810 and (2) 76.008.

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 – Yesterday 1/17 we closed some of our positions and took a profit of 63 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 and (4) 0.68645.

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.