Market Watch

Profit: 960 pips
This month: 1,295 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 (Sep) – Monthly MACD is trying to be back upward to the zero line after making a crossover and STOC is reaching up to the mid level, so this is still a chance to buy this pair. We are now holding temporary covered short positions at (5) 1.05925 and (6) 1.06065 and (1) 1.06203 and (3) 1.06010 and (4) 1.06827 and (2) 1.06468.

CADCHF (Sep) – Monthly MACD continues to go sideway right under the zero line and STOC seems unable to go up higher from the mid level, so it’s still a chance to buy it. We are now holding covered long positions at (6) 0.75175 and (3) 0.75688 and (1) 0.75338 and (2) 0.75107 and temporary short positions at (4) 0.74177 and (5) 0.74602.

CADJPY (Sep) – Monthly MACD is closing the gap on itself under the zero line and STOC is reaching down to the oversold level, so it’s a chance to buy it. This week we closed some of our positions and took a profit of 172 pips. We are now holding covered long positions at (3) 86.434 and (1) 84.074 and (2) 83.784 and (5) 81.936 and temporary short positions at (6) 81.362 and (4) 81.348.

CHFJPY (Sep) – Monthly MACD resumes its attempt to go back up to the zero line and STOC is entering the oversold level, so this is 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) 111.746 and (6) 112.162 and (3) 110.608 and (1) 110.903 and (2) 109.754 and temporary short positions at (5) 108.759.

EURCAD (Sep) – Monthly MACD is already passing the zero line and STOC is still deep in the oversold area, it’s a chance to buy this pair. This week we closed some of our positions and took a profit of 64 pips. We are now holding covered long positions at (2) 1.50123 and (3) 1.62962 and (5) 1.50088 and (4) 1.49137 and (6) 1.46719.

EURGBP (Sep) – The monthly MACD is still hovering above the zero line and STOC is going to make a cross downward after leaving the overbought area, so this is still a chance to sell it – This week we closed some of our positions and took a profit of 139 pips. We are now holding covered short positions at (4) 0.87998 and (2) 0.88445 and (6) 0.89022 and temporary long positions at (1) 0.89423.

EURUSD (Sep) – Monthly MACD is trying to make a crossover right under the zero line and STOC is going a little lower in 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 73 pips. 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) 1.11027 and (6) 1.10671.

GBPCAD (Sep) – The monthly MACD is moving sideway under the zero line and STOC is trying to get out of the oversold area, so this is a chance to buy it. This week we closed some of our positions and took a profit of 160 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) 1.64821.

USDCAD (Sep) – The monthly MACD has been going sideway above the zero line for more than 3 months and STOC is lifting itself up a bit from the mid level, so this is a chance to sell it – Today 9/13 we closed some of our positions and took a profit of 33 pips. We are now holding short positions at (4) 1.31626 and (5) 1.31931 and (6) 1.31691 and (1) 1.32249 and temporary long positions at (3) 1.32985 and (2) 1.32316.

USDCHF (Sep) – Monthly MACD is trying to reach higher from the zero line and STOC is turning up from the mid level, so it’s still a chance to sell it. This week we closed some of our positions and took a profit of 174 pips. We are now holding covered short positions (5) 0.96106 and (4) 0.98229 and (6) 0.98320 and temporary long positions at (1) 0.99197 and (3) 0.98578 and (2) 0.98751.

USDJPY (Sep) – Monthly MACD continues to go down far away from the zero line and STOC is going sideway right above the oversold level, so it is still a chance to buy this pair. This week we closed some of our positions and took a profit of 116 pips. We are now holding long positions at (4) 110.102 and (3) 110.738 and (2) 109.331 and (1) 109.693 and temporary short positions at (6) 107.468 and (5) 107.819.

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.