Market Watch
Monday, July 1, 2019
Profit: 467 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 (Jul) – Monthly MACD is trying to be back upward to the zero line and STOC is now aiming for the mid level, so this is still a chance to buy this pair – Today 7/1 we closed some of our positions and took a profit of 117 pips. We are now holding covered long positions at (4) 1.08865 and (3) 1.06067 and (2) 1.06208 and (6) 1.04476 and (5) 1.04474 and (1) 1.04331.
CADCHF (Jul) – Monthly MACD continues to linger right under the zero line and STOC is going down a little farther from the mid level, so it’s still a chance to buy it. Today 7/1 we closed some of our positions and took a profit of 290 pips. We are now holding covered long positions at (2) 0.75202 and (3) 0.75137 and (6) 0.75154 and (1) 0.75169 and temporary short positions at (5) 0.75072 and (4) 0.75139.
EURCAD (Jul) – Monthly MACD is almost touching the zero line and STOC is going deeper in the oversold area, it’s still a chance to sell this pair – We are now holding temporary covered long positions at (2) 1.50123 and (3) 1.49819 and (5) 1.50088 and (4) 1.50095 and (6) 1.49734.
GBPCAD (Jul) – The monthly MACD is trying to go back up to the zero line and STOC is deeper in the oversold area, so this is a chance to buy it – We are now holding long positions at (5) 1.70915 and (4) 1.69065 and (2) 1.67266 and (1) 1.66027.
USDJPY (Jul) – Monthly MACD continues to go down away from the zero line and STOC is reaching down to the oversold level, so it is still a chance to buy this pair – Today 7/1 we closed some of our positions and took a profit of 60 pips. 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 (5) 108.307.
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.