Market Watch

Profit: 93 pips
This month: 3,450 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. We are now holding long positions at (2) 75.202 and (5) 0.75222 and (3) 0.75231 and (1) 0.75209 and temporary short positions at (6) 0.75009 and (4) 0.74692.

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 5/27 we closed some of our positions and took a profit of 38 pips. We are now holding long positions at (4) 1.50387 and temporary long positions at (1) 1.52071 and (2) 1.51191 and (6) 1.50772 and (3) 1.51175 and (5) 1.50737.

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. Yesterday 5/27 we closed some of our positions and took a profit of 55 pips. We are now holding short positions at (5) 9.68774 and (2) 9.67716 and (6) 9.70824 and (4) 9.73812 and temporary long positions at (1) 9.74920.

USDCHF (May) – Monthly MACD is slowing down on the upper side of the zero line and STOC is making a cross in an attempt to get out of the overbought area, so it’s a chance to sell it – We are now holding covered short positions (5) 0.96106 and (4) 1.00502 and (2) 0.99721 and (6) 1.00888 and (1) 1.00039 and temporary long positions at (3) 1.00474.

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.

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