Market Watch

Profit: 345 pips
This month: 2,388 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)

AUDNZD (Aug) – Monthly MACD is trying to be back upward to the zero line and STOC is going to make a crossover to the mid level, so this is still a chance to buy this pair – This week we closed some of our positions and took a profit of 29 pips. We are now holding covered long positions at (4) 1.08865 and (3) 1.06067 and temporary short positions at (5) 1.05405 and (6) 1.05149 and (1) 1.05802.

EURUSD (Aug) – Monthly MACD is moving sideway under 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) 1.12144 and (3) 1.11987 and (5) 1.11475.

GBPNZD (Aug) – The monthly MACD is trying to get back up to the zero line and STOC is going sideway under the mid level, so this is a chance to buy it – This week we closed some of our positions and took a profit of 259 pips. We are now holding long positions at (1) 1.93252 and temporary short positions at (5) 1.92103.

USDCAD (Aug) – The monthly MACD is still going sideway above the zero line and STOC is already passing the mid level on the way down, so this is a chance to sell it – We are now holding short positions at (6) 1.31289 and (4) 1.31626 and (5) 1.31931 and (1) 1.32196 and (2) 1.32729 and (3) 1.33140.

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 57 pips. We are now holding covered short positions (5) 0.96106 and temporary covered long positions at (3) 0.99393 and (1) 0.99197 and (2) 0.98040.

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.

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