Market Watch

Profit: 73 pips
This month: 616 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 (May) – Monthly MACD is going to make a cross upward in an attemp to reach up to the zero line and STOC is turning down to the oversold level, so this is still a chance to buy it – Today 5/1 we closed some of our positions and took a profit of 61 pips. We are now holding long positions at (3) 0.95429 and (6) 0.95561 and (2) 0.95076 and (1) 0.94673 amd (5) 0.94914 and (4) 0.94389.

AUDCHF (May) – Monthly MACD is linger under the zero line and STOC is right at the mid level, so it is a chance to buy this pair – Today 5/2 we closed some of our positions and took a profit of 73 pips. We are now holding long positions at (6) 0.72189 and (1) 0.72210 and (3) 0.72426 and (2) 0.72441 and (4) 0.71269 and temporary short positions at (5) 0.71967.

AUDJPY (May) – The monthly MACD is going down further from the zero line and STOC is turning back to the mid level, so this is still a chance to buy it – We are now holding covered long positions at (3) 79.751 and (2) 80.457 and (5) 80.397 and (6) 80.412 and (1) 79.174.

EURUSD (May) – Monthly MACD is slowing on its way down under 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 (2) 1.12067 and (3) 1.12264 and (5) 1.12346 and (6) 1.13165.

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.