Market Watch

EURCAD (SELL) - For this pair, this is a rebound we have been waiting for from April's low when the weekly MACD started to go under the zero line, so we decided to get in for a sell - We are now holding at 1.45133.

CADCHF (BUY) - Although monhly STOC is near the overbought level but MACD is low on the underside, so this pair still has the potential to go up some more for a buy - We covered our long positions and are now holding at 0.766697 and at 0.74637.

USDCAD (SELL) - The pair will need some corrections before going down again, at least to 1.2300 level, so we decided to sell it again - We covered our short positions and are now holding at 1.287877.

(Charts: Forex Trader)

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