Market Watch

Profit: 373 pips
This week: 1,554 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 turning back to the oversold level, so this is still a chance to buy this pair – Today 6/7 we closed some of our positions and took a profit of 49 pips. 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) 1.05054.

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 6/6 we closed some of our positions and took a profit of 290 pips. We are now holding covered long positions at (4) 1.18934 and (1) 1.14034 and (3) 1.12743 and temporary short positions at (5) 1.12523 and (6) 1.12626 and (2) 1.13361.

USDCAD (Jun) – The monthly MACD seems unable to go higher from the zero line and STOC is leaving the overbought level, so this is a chance to sell it – Today 6/7 we closed some of our positions and took a profit of 34 pips. We are now holding short positions at (5) 1.32321 and (6) 1.31232 and (1) 1.31442 and (3) 1.32898 and temporary long positions at (4) 1.33799 and (2) 1.32811.

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 – We are now holding covered short positions (5) 0.96106 and (6) 0.99357 and (4) 0.99344 and temporary long positions at (3) 0.98699 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.