Market Watch

Profit: 54 pips
This week: 147 pips
This month: 3,504 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)

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 5/29 we closed some of our positions and took a profit of 54 pips. We are now holding covered long positions at (4) 1.08865 and (3) 1.06067 and (2) 1.06208 and temporary short positions at (1) 1.05594 and (6) 1.05753 and (5) 1.05849.

EURGBP (May) – The monthly MACD is near the zero line and STOC continues to go sideway at the oversold level, so this is a chance to buy it – We are now holding temporary short positions at (1) 0.87704 and (4) 0.87998.

NZDJPY (May) – The monthly MACD is unable to go higher to the zero line and STOC is going lower from the mid level, but it’s still a chance to buy it – We are now holding long positions at (6) 76.046 and (5) 76.553 and (1) 74.764 and (3) 74.568 and (2) 72.192.

NZDUSD (May) – Monthly MACD is going further down from the zero line and STOC is almost touching the oversold level, so it’s a chance to buy this pair – We are now holding long positions at (5) 0.67297 and (3) 0.68673 and (2) 0.67224 and (4) 0.67853 and (1) 0.67420 and (6) 0.67489.

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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