Market Watch

Profit: 1200 pips
This week: 2926 pips
This month: 7330 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 – Yesterday 3/20 we closed some of our positions and took a profit of 85 pips. We are now holding long positions at (1) 0.94607 and (2) 0.95062 and (3) 0.94611 and (4) 0.95179.

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. We are now holding long positions at (2) 0.75689 and (3) 0.75167 and (5) 0.74732 and (4) 0.75064 and (1) 0.74991 temporary short positions at (6) 0.75417.

CADJPY (Mar) – Monthly MACD continues to go sideway under the zero line for three straight months and STOC is almost touching the mid level, so it’s a chance to buy it – We are now holding covered long positions at (3) 86.434 and (1) 84.074 and (2) 84.685 and (4) 83.775 and (5) 83.863 and temporary short positions at (6) 83.777.

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 (2) 1.51870 and temporary long positions at (1) 1.52071.

EURGBP (Mar) – The monthly MACD is going down to the zero line and STOC is already passing into the oversold level, so this is a chance to buy it – Yesterday 3/20 we closed some of our positions and took a profit of 67 pips. We are now holding long positions at (1) 0.86894.

EURNOK (Mar) – Monthly MACD continues to hover above the zero line and STOC is touching the mid level, so it’s still a chance to sell this pair. Today 3/21 we closed some of our positions and took a profit of 392 pips. We are now holding short positions at (5) 9.61875 and (4) 9.65512 and temporary long positions at (1) 9.72520 and (2) 9.74807 and (3) 9.62321.

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 – Yesterday 3/13 we closed some of our positions and took a profit of 134 pips. We are now holding covered long positions at (4) 1.18934 and (1) 1.14034 and (5) 1.13498.

GBPAUD (Mar) – Monthly MACD is trying to go up again from the zero line and STOC is entering into the overbought level, so this is a chance to sell it – Today 3/21 we closed some of our positions and took a profit of 106 pips. We are now holding short positions at (4) 1.83714.

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 3/21 we closed some of our positions and took a profit of 111 pips. We are now holding short positions at (1) 1.74417 and (4) 1.75278 and (5) 1.75802 and (3) 1.77058.

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 3/21 we closed some of our positions and took a profit of 99 pips. We are now waiting for another chance to get back in.

GBPNZD (Mar) – The monthly MACD continues to linger at the zero line and STOC already made a crossover toward the mid level, so this is a chance to buy it – We are now holding long positions at (4) 1.90632.

NZDCAD (Mar) – Monthly MACD is trying to get back to the zero line and STOC is slowing down on its way to the oversold level, so this is a chance to buy it – We are now holding long positions at (1) 0.89844 and temporary short positions at (5) 0.87403 and (6) 0.88326 and (3) 0.89724 and (4) 0.90419 and (2) 0.90776.

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 3/20 we closed some of our positions and took a profit of 216 pips. We are now holding long positions at (6) 0.68387 and (5) 0.69309 and (3) 0.68673 and temporary short positions at (4) 0.68046 and (2) 0.69265.

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 3/20 we closed some of our positions and took a profit of 61 pips. We are now holding short positions at (5) 1.32321 and (6) 1.31232 and (1) 1.31442 and (3) 1.32898 and (4) 1.32850 and temporary long positions at (2) 1.33137.

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 – Yesterday 3/20 we closed some of our positions and took a profit of 63 pips. We are now holding covered short positions (5) 0.96106 and (4) 0.99484 and (2) 0.99084 and (1) 0.99376.

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 – 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 (4) 8.42044 and (6) 8.48523.

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.