Market Watch

Profit: 334 pips
This week: 2503 pips
This month: 5586 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 4/17 we closed some of our positions and took a profit of 60 pips. We are now holding long positions at (2) 0.75689 and (5) 0.75191 and temporary short positions at (6) 0.75009 and (1) 0.75659 and (3) 0.75709 and (4) 0.75663.

CHFJPY (Apr) – Monthly MACD continues to go sideway right under the zero line and STOC is turning back up to the mid level, so this is a chance to buy this pair – Yesterday 4/17 we closed some of our positions and took a profit of 94 pips. We are now holding covered long positions at (4) 111.746 and (6) 112.162 and (3) 111.536 and (2) 111.417 and (1) 111.881 and (5) 110.786.

EURCHF (Apr) – Monthly MACD is touching the zero line and STOC is a bit deeper in the oversold area, so it’s a chance to buy this pair – Yesterday 4/17 we closed some of our positions and took a profit of 44 pips. We are now holding long positions at (6) 1.13816 and covered short positions (2) 1.11536 and (5) 1.11205 and (4) 1.14141 and (1) 1.14095.

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. We are now holding short positions at (4) 9.65512 and temporary long positions at (1) 9.72520 and (2) 9.66145 and (3) 9.69809 and (6) 9.62762 and (5) 9.58450.

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 4/17 we closed some of our positions and took a profit of 44 pips. We are now holding covered long positions at (4) 0.89801 and (2) 0.89711 and (1) 0.89844 and temporary short positions at (5) 0.87403 and (6) 0.88326 and (3) 0.89724.

NZDJPY (Apr) – The monthly MACD is slowing down in its attempt to go back up to the zero line and STOC is backing down to the mid level, it’s still a chance to buy it – Today 4/18 we closed some of our positions and took a profit of 92 pips. We are now holding long positions at (6) 76.046 and (5) 76.553 and (1) 74.764 and temporary short positions at (2) 75.367 and (3) 75.504.

NZDUSD (Apr) – Monthly MACD made 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) 0.68245 and (5) 0.69309 and (3) 0.68673 and (2) 0.67937 and (4) 0.67853 and (1) 0.67420.

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) 1.00502 and (2) 0.99721 and (6) 0.99660 and (3) 0.99923 and (1) 1.00039.

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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