Market Watch

Profit: 348 pips
This month: 964 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 – We are now holding long positions at (6) 0.95561 and (2) 0.95076 and (1) 0.94673 amd (5) 0.94914 and (4) 0.94389 and (3) 0.94685.

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 – Yesterday 5/6 we closed some of our positions and took a profit of 82 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 (5) 0.71137.

AUDNZD (May) – Monthly MACD is trying to be back upward to the zero line and STOC is also trying to get up further from the oversold level, so this is a chance to buy this pair – We are now holding covered long positions at (4) 1.08865 and (3) 1.05946 and temporary short positions at (1) 1.05594 and (6) 1.05753 and (5) 1.05849 and (2) 1.06030.

AUDUSD (May) – Monthly MACD is going further down from the zero line and STOC is making a cross toward the oversold area, so it’s a chance to buy this pair – Yesterday 2/17 we closed some of our positions and took a profit of 83 pips. We are holding covered long positions at (5) 0.72583 and (3) 0.74624 and (2) 0.71904 and (6) 0.70748 and (1) 0.73177.

CHFJPY (May) – Monthly MACD continues to go further down under the zero line and STOC is reaching lower to the oversold level, so this is a chance to buy this pair – We are now holding covered long positions at (4) 111.746 and (6) 112.162 and (3) 110.608 and (2) 110.177 and (1) 110.903 and (5) 109.393.

EURJPY (May) – Monthly MACD is passing through the zero line on its way down and STOC is reaching upward to the mid level, it’s still a chance to buy this pair – We are now holding long positions at (1) 127.929 and (5) 130.090 and (6) 126.354 and (3) 126.352 and (2) 126.093 and (4) 126.675.

NZDCHF (May) – The monthly MACD is going sideway under the zero line and STOC is going to make a cross back to the mid level, this is still a chance to buy it – Yesterday 5/6 we closed some of our positions and took a profit of 68 pips. We are now holding long positions at (5) 0.67918 and (3) 0.67666 and (4) 0.67647 and (1) 0.67959 and (2) 0.67202 and temporary short positions at (6) 0.67892.

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 – Yesterday 5/6 we closed some of our positions and took a profit of 198 pips. We are now holding long positions at (4) 111.552 and (3) 110.738 and (2) 110.720 and (6) 110.395 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.