Market Watch

Profit: 838 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)

CADCHF (Apr) – Monthly MACD continues to linger right under the zero line and STOC is near the mid level, so it’s still a chance to buy it. Yesterday 4/1 we closed some of our positions and took a profit of 92 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 and temporary short positions at (6) 0.75009.

CADJPY (Apr) – Monthly MACD keeps hanging under the zero line for 4 straight months and STOC is almost touching the mid level, so it’s a chance to buy it – Yesterday 4/1 we closed some of our positions and took a profit of 216 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) 83.639 and (6) 83.639.

EURCAD (Apr) – Monthly MACD continues to go down to the zero line and STOC is keeping itself at the oversold level, it’s still a chance to sell this pair – Yesterday 4/1 we closed some of our positions and took a profit of 168 pips. We are now holding temporary long positions at (1) 1.52071 and (2) 1.51191 and (6) 1.50772 and (3) 1.50078 and (5) 1.49187.

EURNOK (Apr) – Monthly MACD is starting to go down to the zero line again and STOC is going sideway right under the mid level, so it’s still a chance to sell this pair. Yesterday 4/1 we closed some of our positions and took a profit of 40 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) 9.69809 and (6) 9.62762.

EURUSD (Apr) – Monthly MACD is going farther down after passing the zero line and STOC is deep 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 and (6) 1.12516 and (3) 1.12271.

NZDCAD (Apr) – Monthly MACD is slowing down on the way up to the zero line and STOC is making a cross back to the mid level, so this is a chance to buy it – Yesterday 4/1 we closed some of our positions and took a profit of 206 pips. We are now holding long positions at (1) 0.90332 and temporary short positions at (5) 0.87403 and (6) 0.88326 and (3) 0.89724 and (4) 0.90419 and (2) 0.90304.

USDCHF (Apr) – Monthly MACD is trying to go higher above the zero line and STOC is already in the overbought area, so it’s a chance to sell it – We are now holding covered short positions (5) 0.96106 and (4) 0.99484 and (2) 0.99084 and (1) 0.99376 and (6) 0.99660 and (3) 0.99923.

USDJPY (Apr) – 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 4/1 we closed some of our positions and took a profit of 116 pips. We are now holding long positions at (4) 110.926 and (3) 111.046 and (2) 110.801 and temporary short positions at (5) 108.437 and (1) 111.167 and (6) 111.343.

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.