Market Watch

Profit: 133 pips
This week: 443 pips
This month: 3,106 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)

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. Yesterday 5/20 we closed some of our positions and took a profit of 77 pips. We are now holding long positions at (2) 75.678 and (5) 0.75222 and (3) 0.75231 and (1) 0.75209 and temporary short positions at (6) 0.75009 and (4) 0.75446.

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 – We are now holding temporary long positions at (1) 1.52071 and (2) 1.51191 and (6) 1.50772 and (3) 1.51175 and (4) 1.49876 and (5) 1.49637.

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 – We are now holding covered long positions at (5) 0.67041 and (3) 0.66723 and (4) 0.66607 and (1) 0.67270 and (2) 0.67202 and (6) 0.67084.

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 5/21 we closed some of our positions and took a profit of 56 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) 110.547.

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.