Market Watch
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 – We are now holding long positions at (1) 0.94607 and (2) 0.95062 and (3) 0.94611 and (4) 0.95179 and (5) 0.95183.
AUDCHF (Mar) – Monthly MACD is attempting to go back to the zero line and STOC is slowing down on the way back to the mid level, so it is a chance to buy this pair – We are now holding long positions at (6) 0.72189 and (1) 0.71613 and (5) 0.71153 and (2) 0.71124 and (3) 0.71573 and (4) 0.71389.
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) 82.928 and temporary short positions at (6) 83.777.
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) 1.12852 and (1) 1.13316 and covered short positions (2) 1.11536 and (5) 1.11205 and (6) 1.11960.
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 – We are now holding covered long positions at (4) 1.18934 and (1) 1.14034 and (5) 1.13498 and (2) 1.12800.
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 – We are now holding long positions at (4) 1.30305.
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 – 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 and (1) 0.68886.
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.