Market Watch

Profit: 227 pips
This week: 851 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)

EURCAD (Mar) – Monthly MACD continues to go down to the zero line and STOC is entering the oversold area, it’s still a chance to sell this pair – We are now holding short positions at (5) 1.49707 and (6) 1.51003 and (4) 1.50901 and (3) 1.51327 and temporary long positions at (1) 1.50543 and (2) 1.50822.

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 3/5 we closed some of our positions and took a profit of 86 pips. We are now holding long positions at (6) 76.046 and (5) 76.553 and temporary short positions at (1) 75.810 and (2) 75.367 and (3) 75.504.

NZDUSD (Mar) – 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 3/5 we closed some of our positions and took a profit of 55 pips. We are now holding long positions at (1) 0.68838 and (2) 0.68466 and (6) 0.68387 and (5) 0.68931 and (3) 0.67784 and temporary short positions at (4) 0.68046.

USDCAD (Mar) – The monthly MACD seems unable to go higher from the zero line and STOC is leaving the overbought level, so this is a chance to sell it – Yesterday 3/5 we closed some of our positions and took a profit of 86 pips. We are now holding short positions at (5) 1.32321 and (6) 1.31232 and (1) 1.31442 and (3) 1.31918 and (4) 1.33694 and temporary long positions at (2) 1.32802.

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.