Market Watch
Profit: 453 pips
This week: 939 pips
This month: 1,555 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)
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) 78.423 and (6) 78.548 and (1) 79.174.
CADCHF (May) – Monthly MACD continues to linger right under the zero line and STOC is passing the mid level, so it’s still a chance to buy it. Today 5/8 we closed some of our positions and took a profit of 97 pips. We are now holding long positions at (2) 75.678 and (5) 0.75222 and temporary short positions at (6) 0.75009 and (1) 0.75659 and (3) 0.75709 and (4) 0.75663.
CADJPY (May) – Monthly MACD is going further down from the zero line and STOC is leaving the mid level for the oversold area, so it’s a chance to buy it – 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) 82.589 and (6) 83.639.
EURCAD (May) – Monthly MACD is reaching down to the zero line and STOC is keeping itself at the oversold level, it’s still a chance to sell this pair – Today 5/9 we closed some of our positions and took a profit of 101 pips. We are now holding short positions at (5) 1.50946 and (4) 1.51632 and temporary long positions at (1) 1.52071 and (2) 1.51191 and (6) 1.50772 and (3) 1.51175.
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 5/9 we closed some of our positions and took a profit of 142 pips. We are now holding short positions at (5) 9.68774 and (2) 9.67716 and (6) 9.70824 and (4) 9.79087 and (3) 9.81566 and (1) 9.84829.
GBPNZD (May) – The monthly MACD continues to linger at the zero line and STOC is turning back to the mid level, so this is a chance to buy it – We are now holding short positions at (1) 1.97896.
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 5/8 we closed some of our positions and took a profit of 113 pips. We are now holding long positions at (4) 111.552 and (3) 110.738 and (2) 110.720 and (6) 110.395 and (1) 109.923 and temporary short positions at (5) 108.437.
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.