Market Watch
Profit: 446 pips
This month: 1,777 pips
(Our weekly 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 (Aug) – Monthly MACD is right under the zero line and STOC is passing up from the mid level, so it’s still a chance to buy it. This week we closed some of our positions and took a profit of 193 pips. We are now holding covered long positions at (6) 0.75735 and (3) 0.75688 and (1) 0.75338 and (2) 0.75107 and (5) 0.73353and temporary short positions at (4) 0.74263.
EURUSD (Aug) – 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 – This week we closed some of our positions and took a profit of 67 pips. We are now holding covered long positions at (4) 1.18934 and (1) 1.14034 and (2) 1.12144 and (6) 1.12273 and (5) 1.12047 and (3) 1.11987.
GBPCAD (Aug) – 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 – This week we closed some of our positions and took a profit of 110 pips. We are now holding long positions at (5) 1.70915 and (4) 1.69065 and (2) 1.67266 and (1) 1.66027 and (6) 1.61548.
NZDCHF (Aug) – The monthly MACD is going farther from the zero line and STOC is trying to lift itself up from the oversold level, this is still a chance to buy it – We are now holding covered long positions at (5) 0.67041 and (3) 0.66723 and (4) 0.66607 and (1) 0.67270 and (6) 0.67084 and (2) 0.65421 and (4) 0.63958.
USDCHF (Aug) – Monthly MACD is aiming downward for the zero line and STOC is already passing the mid level on the way down, so it’s a chance to sell it – This week we closed some of our positions and took a profit of 76 pips. We are now holding covered short positions (5) 0.96106 and (4) 0.97425 and (2) 0.98201 and temporary covered long positions at (3) 0.99393 and (1) 0.99197.
Disclaimer: This is a personal analysis, not an actual advice, therefore we will not accept any liability for any loss and/or damage which may arise directly or indirectly from the content of these and future articles.