Market Watch

Profit: 256 pips
This week: 838 pips
This month: 8168 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 3/26 we closed some of our positions and took a profit of 57 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 and (6) 0.95561.

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 – Today 3/26 we closed some of our positions and took a profit of 65 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) 82.563.

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 3/26 we closed some of our positions and took a profit of 54 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) 1.51191.

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 – Yesterday 3/20 we closed some of our positions and took a profit of 80 pips. We are now holding long positions at (6) 110.681 and (4) 110.926 and (3) 111.046 and (2) 110.070 and temporary short positions at (5) 108.437 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.