Market Watch

Profit: 416 pips
This week: 1,181 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 (Jun) – 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 – We are now holding covered long positions at (4) 1.08865 and (3) 1.06067 and (2) 1.06208 and (1) 1.05321 and temporary short positions at (6) 1.05753 and (5) 1.05849.

EURCHF (Jun) – Monthly MACD is passing through the zero line and STOC is still inside the oversold level, so it’s a chance to buy this pair – We are now holding long positions at (1) 1.12907 and (4) 1.12488 and (6) 1.13109 and (3) 1.12716 and (2) 1.11690 and temporary covered short positions (5) 1.11205.

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 6/4 we closed some of our positions and took a profit of 416 pips. We are now holding covered short positions (5) 0.96106 and (6) 0.99357 and (4) 0.99344 and temporary long positions at (3) 1.00474 and (2) 0.99390 and (1) 0.99334.

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.