Market Watch

Profit: 145 pips
This month: 3,246 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)

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 7/22 we closed some of our positions and took a profit of 40 pips. We are now holding covered long positions at (6) 0.75735 and (3) 0.75688 and (5) 0.75098 and (1) 0.75338 and (4) 74965 and temporary short positions at (2) 0.75665.

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 7/22 we closed some of our positions and took a profit of 61 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) 82.304 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 – We are now holding covered long positions at (4) 1.18934 and (1) 1.14034 and (2) 1.12831 and (6) 1.12696 and (5) 1.12283 and (3) 1.11987.

USDCAD (Jul) – The monthly MACD is aiming for the zero line after making a cross downward and STOC is almost touching the mid level, so this is a chance to sell it – Today 7/22 we closed some of our positions and took a profit of 44 pips. We are now holding short positions at (6) 1.31289 and temporary long positions at (5) 1.31798 and (2) 1.32030 and (1) 1.31077 and (4) 1.31276 and (3) 1.30975.

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.