Market Watch

Profit: 1550 pips
This week: 1726 pips
This month: 6130 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)

AUDCAD (Mar) – Monthly MACD is going to make a cross upward in an attemp to reach the zero line and STOC is near the oversold level, so this is a chance to buy it – Today 3/20 we closed some of our positions and took a profit of 58 pips. We are now holding long positions at (1) 0.94607 and (2) 0.95062 and (4) 0.95698 and (3) 0.94611.

CADCHF (Mar) – Monthly MACD continues to go sideway right under the zero line and STOC is passing the mid level, so it’s still a chance to buy it. Yesterday 3/19 we closed some of our positions and took a profit of 63 pips. We are now holding long positions at (2) 0.75689 and (3) 0.75694 and (5) 0.75189 and (4) 0.75064 and (1) 0.74991 temporary positions at (6) 0.75417.

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 – Today 3/20 we closed some of our positions and took a profit of 83 pips. We are now holding short positions at (5) 1.49707 and (6) 1.51003 and (4) 1.50901 and temporary long positions at (1) 1.52071 and (2) 1.50833.

EURUSD (Mar) – Monthly MACD is on the way down after passing the zero line on the way down and STOC is inside the oversold area, so it’s a chance to buy this pair – Today 3/20 we closed some of our positions and took a profit of 466 pips. We are now holding covered long positions at (4) 1.18934 and (1) 1.15003 and (5) 1.13526.

GBPCAD (Mar) – The monthly MACD is almost touching the zero line from the way up and STOC is near the mid level, so this is still a chance to sell it – Today 3/20 we closed some of our positions and took a profit of 121 pips. We are now holding short positions at (1) 1.74417 and (4) 1.75278 and (5) 1.75802 and (3) 1.77058 and (2) 1.76040.

GBPCHF (Mar) – Monthly MACD is slowing down on its way up to the zero line and STOC is already passing the mid level, so it’s still a chance to buy this pair – Today 3/20 we closed some of our positions and took a profit of 95 pips. We are now holding temporary short positions at (1) 1.30658.

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 – Today 3/20 we closed some of our positions and took a profit of 106 pips. We are now holding long positions at (2) 0.68466 and (6) 0.68387 and (5) 0.68931 and (3) 0.68673 and temporary short positions at (4) 0.68046.

USDCHF (Mar) – Monthly MACD is trying to go higher above the zero line and STOC is reaching up in the overbought area, so it’s a chance to sell it – Today 3/20 we closed some of our positions and took a profit of 389 pips. We are now holding covered short positions (5) 0.96106 and (4) 0.99484 and (2) 0.99730.

USDNOK (Mar) – Monthly MACD is trying to go higher from the zero line and STOC is slowing down from high in the overbought level, so it is a chance to sell this pair – Today 3/20 we closed some of our positions and took a profit of 169 pips. We are now holding temporary covered short positions at (5) 8.06851 and (1) 8.18242 and (2) 8.82869 and (3) 8.21901 and (6) 8.55179 and (4) 8.42044.

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.