Market Watch

Profit: 272 pips
This month: 543 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)

EURNOK (May) – 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. Today 5/2 we closed some of our positions and took a profit of 230 pips. We are now holding short positions at (5) 9.68774 and (2) 9.67716 and (6) 9.70824 and (4) 9.79087 and temporary long positions at (1) 9.72520.

NZDJPY (May) – The monthly MACD is unable to go higher to the zero line and STOC is going lower from the mid level, but it’s still a chance to buy it – We are now holding long positions at (6) 76.046 and (5) 76.553 and (1) 74.764 and (3) 74.568 and (2) 74.163.

USDJPY (May) – Monthly MACD is trying to go higher above the zero line and STOC is reaching up almost to the overbought level, so it is still a chance to buy this pair – Today 5/2 we closed some of our positions and took a profit of 42 pips. We are now holding long positions at (4) 111.552 and temporary short positions at (5) 108.437 and (1) 111.167 and (6) 111.343 and (3) 111.980 and (2) 111.927.

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.