Market Watch
Profit: 49 pips
This week: 668 pips
This month: 7314 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)
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 long positions at (2) 0.76100 and temporary short positions at (1) 0.75621 and (5) 0.76102 and (4) 0.75740 and (6) 0.75417 and (2) 0.76163.
EURGBP (Feb) – The monthly MACD is going down to the zero line and STOC is turning back to the overbought level, so this is a chance to buy it a little bit – We are now holding long positions at (1) 0.86894 and (4) 0.85926 and (2) 0.85459.
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 short positions at (1) 1.74417.
GBPCHF (Feb) – Monthly MACD is making a crossover right under the zero line and STOC is going higher from the oversold level, so it’s a chance to buy this pair – We are now holding temporary short positions at (1) 1.30658 and (4) 1.33043.
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 – We are now holding temporary short positions at (1) 1.30353 and (2) 1.32507.
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 2/26 we closed some of our positions and took a profit of 49 pips. We are now holding long positions at (1) 0.68838 and (2) 0.68466 and (6) 0.68387 and (5) 0.68931 and temporary short positions at (3) 0.68417 and (4) 0.68046.
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.