Market Watch
Profit: 303 pips
This week: 1,108 pips
This month: 2,663 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) 0.93671 and (3) 0.94685.
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 – Today 5/16 we closed some of our positions and took a profit of 47 pips. We are now holding covered long positions at (4) 1.08865 and (3) 1.06067 and (2) 1.05343 and temporary short positions at (1) 1.05594 and (6) 1.05753 and (5) 1.05849.
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 – We are holding covered long positions at (5) 0.72583 and (3) 0.74624 and (2) 0.70985 and (6) 0.70748 and (1) 0.73177.
EURJPY (May) – Monthly MACD is trying to turn up back to the zero line and STOC is going sideway over the oversold level, it’s 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) 124.358 and (2) 124.555 and (4) 126.675.
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 5/16 we closed some of our positions and took a profit of 101 pips. We are now holding short positions at (5) 9.68774 and (2) 9.67716 and (6) 9.70824 and (4) 9.79087 and (1) 9.76348.
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 – Today 5/16 we closed some of our positions and took a profit of 155 pips. We are now holding short positions at (1) 1.95469.
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.