Market Watch

Profit: 582 pips
This month: 7912 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 3/24 we closed some of our positions and took a profit of 60 pips. We are now holding long positions at (1) 0.94607 and (2) 0.95062 and (4) 0.95179 and (5) 0.95183 and (3) 0.95429.

AUDNZD (Mar) – Monthly MACD is going down further from the zero line and STOC is passing up from the oversold level, so this is a chance to buy this pair – We are now holding covered long positions at (1) 1.06286 and (4) 1.08865 and (6) 1.05487 and (5) 1.05497 and (3) 1.04597 and (2) 1.04395.

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 3/24 we closed some of our positions and took a profit of 134 pips. 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 and (6) 0.74083.

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 – Yesterday 3/24 we closed some of our positions and took a profit of 177 pips. 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 (6) 81.830.

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 (3) 1.12278 and covered short positions (2) 1.11536 and (5) 1.11205 and (6) 1.11960.

NZDCAD (Feb) – 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 – Today 3/25 we closed some of our positions and took a profit of 211 pips. We are now holding temporary short positions at (5) 0.87403 and (6) 0.88326 and (3) 0.89724 and (4) 0.90419 and (2) 0.90776 and (1) 0.92703.

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 – We are now holding long positions at (6) 110.681 and (4) 110.926 and (3) 111.046 and temporary short positions at (5) 108.437 and (2) 110.964 and (1) 111.167.

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.

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