Market Watch

Profit: 251 pips
This week: 694 pips
This month: 3,357 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)

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 – We are now holding covered long positions at (6) 0.72189 and (1) 0.70691 and (3) 0.71156 and (2) 0.71495 and (4) 0.71269 and (5) 0.71137.

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 5/23 we closed some of our positions and took a profit of 96 pips. We are now holding long positions at (2) 75.678 and (5) 0.75222 and (3) 0.75231 and (1) 0.75209 and (4) 0.74493 and temporary short positions at (6) 0.75009.

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 – Yesterday 5/23 we closed some of our positions and took a profit of 78 pips. 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) 1.50737.

EURCHF (May) – Monthly MACD is trying to turn back up from the zero line and STOC is linger at the oversold level, so it’s a chance to buy this pair – We are now holding long positions at (1) 1.12907 and (4) 1.13059 and (6) 1.13109 and (3) 1.12716 and temporary covered short positions (2) 1.11536 and (5) 1.11205.

GBPCHF (May) – Monthly MACD is almost touching the zero line and STOC is turning back down to the mid level, so it’s still a chance to buy this pair – We are now holding long positions at (1) 1.30505 and (4) 1.28507 and (5) 1.27102.

GBPJPY (May) – The monthly MACD continues to go sideway right under the zero line and STOC is turning back down to the mid level, it is still a chance to buy this pair – We are now holding long positions at (1) 147.808 and (5) 145.243 and (2) 140.908 and (6) 138.715.

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 5/23 we closed some of our positions and took a profit of 77 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) 109.693 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.

Leave a Reply

Your email address will not be published. Required fields are marked *