Market Watch

Profit: 835 pips
This week: 1503 pips
This month: 8149 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 (3) 0.75694 and temporary short positions at (1) 0.75621 and (5) 0.76102 and (4) 0.75740 and (6) 0.75417.

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 – Today 2/28 we closed some of our positions and took a profit of 254 pips. We are now holding covered long positions at (3) 86.434 and (1) 84.873 and (2) 84.685 and temporary short positions at (5) 83.820 and (4) 84.399 and (6) 84.846.

CHFJPY (Feb) – Monthly MACD continues to go down from the zero line and STOC is slowing down on the way to the oversold level, so this is a chance to buy this pair – Today 2/28 we closed some of our positions and took a profit of 73 pips. We are now holding covered long positions at (4) 111.746 and (2) 113.448 and (5) 111.273 and (6) 112.162 and (3) 111.536 and temporary short positions at (1) 111.621.

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 – We are now holding short positions at (5) 1.49707 and temporary long positions at (1) 1.50543 and (6) 1.49905 and (4) 1.50202 and (2) 1.49637.

EURJPY (Feb) – Monthly MACD is passing through the zero line and STOC is back down to the oversold level, it’s still a chance to sell this pair – Today 2/28 we closed some of our positions and took a profit of 157 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) 126.564.

EURNOK (Feb) – Monthly MACD is on its way to the zero line and STOC is lower to the mid level, so it’s still a chance to sell this pair. We are now holding short positions at (5) 9.61875 and (6) 9.73712 and (4) 9.65508 and (2) 9.70660 and (3) 9.71625 and temporary short positions at (1) 9.72520.

EURUSD (Feb) – Monthly MACD is lingering at the zero line on the way down and STOC is turning back lower in the oversold area, so it’s a chance to buy this pair – We are now holding covered long positions at (4) 1.18934 and (1) 1.15003 and (3) 1.13745 and (5) 1.14066 and (6) 1.13576 and temporary short positions at (2) 1.13832.

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 – Today 2/28 we closed some of our positions and took a profit of 223 pips. We are now holding long positions at (4) 0.68435 and (5) 0.67918 and temporary short positions at (2) 0.67890 and (1) 0.68121 and (6) 0.68467 and (3) 0.67838.

USDCAD (Feb) – The monthly MACD is turning back down to the zero line and STOC is leaving the overbought level, so this is a chance to sell it – Today 2/28 we closed some of our positions and took a profit of 53 pips. We are now holding short positions at (5) 1.32321 and (6) 1.31232 and (1) 1.31442 and (3) 1.31918 and temporary long positions at (4) 1.32534 and (2) 1.31632.

USDCHF (Feb) – Monthly MACD seems unable to go higher above the zero line and STOC is trying to get up a little bit in the overbought area, so it’s a chance to sell it – Today 2/28 we closed some of our positions and took a profit of 75 pips. We are now holding covered short positions (5) 0.96106 and (1) 0.99948 and (4) 0.99484 and (2) 0.99730 and (6) 1.00259 and temporary long positions at (3) 0.99684.

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.