Market Watch

Profit: 97 pips
This week: 624 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)

EURCHF (Mar) – Monthly MACD is approaching the zero line from above and STOC is attempting to get out of the oversold level, so it’s a chance to buy this pair – We are now holding long positions at (4) 1.13510 and (1) 1.13316 and covered short positions (2) 1.11536 and (5) 1.11205 and (3) 1.11963 and (6) 1.11960.

USDJPY (Mar) – Monthly MACD continues to hover right above the zero line and STOC is trying to back up to the overbought level, so it is still a chance to buy this pair – Today 3/5 we closed some of our positions and took a profit of 97 pips. We are now holding long positions at (6) 111.450 and (1) 110.444 and temporary short positions at (5) 108.437 and (2) 110.964 and (3) 111.940.

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.