Market Watch

Profit: 257 pips
This month: 1,552 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)

AUDJPY (Sep) – The monthly MACD is trying to get back up to the zero line and STOC is going sideway at the oversold level, so this is still a chance to buy it – We are now holding covered long positions at (3) 79.751 and (2) 77.808 and (5) 78.423 and (6) 78.548 and (1) 79.174.

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 58 pips. We are now holding covered short positions at (4) 0.87998 and temporary long positions at (1) 0.89423 and (2) 0.88269.

GBPAUD (Sep) – Monthly MACD continues to go sideway right above the zero line and STOC is reaching to the mid level, so this is a chance to sell it. We are now holding short positions at (4) 1.83669.

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 35 pips. We are now holding long positions at (5) 1.70915 and (4) 1.69065 and (2) 1.67266 and (1) 1.66027 and temporary short positions at (6) 1.65416.

GBPCHF (Sep) – Monthly MACD is still ligering under the zero line and STOC is passing out of the oversold level, so it’s still a chance to buy this pair. This week we closed some of our positions and took a profit of 45 pips. We are now holding long positions at (1) 1.30505 and (4) 1.28507 and (5) 1.27102 and (2) 1.26284 and temporary short positions at (6) 1.23813.

GBPNZD (Sep) – The monthly MACD continues to go sideway at the zero line and STOC is reaching up almost to the mid level, so this is still a chance to buy it – We are now holding temporary short positions at (5) 1.92103 and (1) 1.97136.

GBPUSD (Sep) – Monthly MACD seems not to be able to go farther down from the zero line and STOC is coming up in an attempt to get out of the oversold area, so it’s a chance to buy this pair – We are now holding long positions at (2) 1.30657 and (1) 1.30250 and (5) 1.34963 and (6) 1.27915 and (3) 1.22248 and temporary short positions at (3) 1.24815.

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 – This week we closed some of our positions and took a profit of 35 pips. We are now holding short positions at (4) 1.31626 and (5) 1.31931 and (6) 1.31691 and (1) 1.32249 and (2) 1.32827 and temporary long positions at (3) 1.32985.

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 – Today 9/16 we closed some of our positions and took a profit of 84 pips. We are now holding covered short positions (5) 0.96106 and (4) 0.98229 and (6) 0.98320 and (3) 0.99014 and (2) 0.99220 and (1) 0.99345.

USDNOK (Sep) – Monthly MACD is starting to lose its upward momentum above the zero line and STOC is too high in overbought area, so it is a chance to sell this pair – We are now holding covered short positions at (5) 8.06851 and (1) 8.18242 and (2) 8.82869 and (3) 8.21901 and (4) 8.68088 and (6) 8.55952.

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.