Market Watch

Profit: 1,075 pips
This week: 2,354 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 7/5 we closed some of our positions and took a profit of 181 pips. We are now holding covered long positions at (4) 1.08865 and (3) 1.06067 and (2) 1.06208 and (6) 1.05354 and (5) 1.05355 and (1) 1.05377.

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 7/5 we closed some of our positions and took a profit of 256 pips. We are now holding covered long positions at (6) 0.75735 and (3) 0.75688 and temporary short positions at (5) 0.75072 and (4) 0.75139 and (3) 0.75665 and (1) 0.75704.

CADJPY (Jul) – Monthly MACD is going to make a crossover back to the zero line and STOC is going down for the oversold area, so it’s a chance to buy it – Today 7/5 we closed some of our positions and took a profit of 34 pips. We are now holding covered long positions at (3) 86.434 and (1) 84.074 and (2) 84.685 and (5) 82.589 and (6) 83.639 and temporary short positions at (4) 82.781.

EURUSD (Jul) – Monthly MACD is going to make a crossover to the zero line and STOC is trying to get out of the oversold area, so it’s a chance to buy this pair – Today 7/5 we closed some of our positions and took a profit of 104 pips. We are now holding covered long positions at (4) 1.18934 and (1) 1.14034 and (2) 1.12831 and (6) 1.12226 and temporary short positions at (5) 1.12523 and (3) 1.12127.

NZDUSD (Jul) – Monthly MACD is slowing down on the way down from the zero line and STOC has a tendency to fall back to the oversold level, but it’s still a chance to buy this pair – Today 7/5 we closed some of our positions and took a profit of 88 pips. We are now holding long positions at (5) 0.67297 and (3) 0.68673 and (2) 0.67224 and (1) 0.67420 and (6) 0.67489 and temporary short positions at (4) 0.066166.

USDCHF (Jul) – Monthly MACD already made a cross downward to the zero line and STOC is going down almost to the mid level, so it’s a chance to sell it – Today 7/5 we closed some of our positions and took a profit of 318 pips. We are now holding covered short positions (5) 0.96106 and (4) 0.99171 and (3) 0.99168 and temporary covered long positions at (2) 0.99886 and (6) 0.98971 and (1) 0.99197.

USDNOK (Jul) – Monthly MACD is going to make a cross downward to the zero line and STOC is leaving the oversold level, so it is a chance to sell this pair – Today 7/5 we closed some of our positions and took a profit of 94 pips. We are now holding covered short positions at (5) 8.06851 and (1) 8.18242 and (2) 8.82869 and (3) 8.21901 and (4) 8.42044 and (6) 8.62341.

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.