Market Watch
Profit: 765 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 (Jun) – Monthly MACD has been gone further down from the zero line and STOC is hovering over 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 (3) 0.94685 and temporary positions at (4) 0.93714.
CADCHF (Jun) – Monthly MACD continues to linger right under the zero line and STOC is turning back to the oversol 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) 0.74568 and (1) 0.75209 and temporary short positions at (6) 0.75009 and (4) 0.74692.
EURUSD (Jun) – Monthly MACD is slowing on its way down under the zero line and STOC is still deep inside the oversold area, so it’s a chance to buy this pair – Yesterday 6/3 we closed some of our positions and took a profit of 34 pips. We are now holding covered long positions at (4) 1.18934 and (1) 1.14034 and (2) 1.12067 and (3) 1.12264 and temporary short positions at (5) 1.12523 and (6) 1.12626.
GBPNZD (Jun) – 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 6/4 we closed some of our positions and took a profit of 212 pips. We are now holding long positions at (1) 1.92211.
NZDCAD (Jun) – Monthly MACD is slowing down on the way up to the zero line and STOC is making a cross back to the mid level, so this is a chance to buy it – Today 6/4 we closed some of our positions and took a profit of 91 pips. We are now holding covered long positions at (4) 0.89801 and (2) 0.89492 and (1) 0.89844 and (3) 0.89899 and temporary short positions at (5) 0.88530 and (6) 0.88666.
USDCHF (Jun) – Monthly MACD is slowing down on the upper side of the zero line and STOC is going down from the overbought level, so it’s a chance to sell it – Yesterday 6/3 we closed some of our positions and took a profit of 428 pips. We are now holding covered short positions (5) 0.96106 and (4) 1.00502 and (1) 1.00039 and (6) 0.99357 and temporary long positions at (3) 1.00474 and (2) 0.99390.
USDJPY (Jun) – 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 – We are now holding long positions at (4) 110.102 and (3) 110.738 and (2) 109.331 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.