Market Watch

Profit: 728 pips
This month: 1,647 pips

(Our weekly post is for pairs that we entered or added more positions during the week and for pairs that we closed for a profit. Pairs that are unchanged or inactive are not posted)

AUDNZD (Nov) – Monthly MACD is trying to reach up to the zero line and STOC is slowing down on its way to the overbought level, so this is still a chance to buy this pair – This week we closed some of our positions and took a profit of 77 pips. We are now holding long positions at (4) 1.06827 and (2) 1.06394 and temporary covered short positions at (5) 1.05925 and (6) 1.06065 and (1) 1.06203 and (3) 1.06010.

CADCHF (Nov) – Monthly MACD already made a weak crossover to the zero line and STOC seems reluctant to reach higher to the overbought level, but it’s still a chance to buy it – This week we closed some of our positions and took a profit of 100 pips. We are now holding covered long positions at (1) 0.74992 and (2) 0.75239 and (3) 0.75055 and temporary short positions at (6) 0.74595 and (5) 0.74734.

CADJPY (Nov) – Monthly MACD is trying to make a crossover back to the zero line and STOC is slowly reaching up to the mid level, it’s still a chance to buy it – This week we closed some of our positions and took a profit of 91 pips. We are now holding covered long positions at (3) 86.434 and (1) 84.074 and (2) 83.784 and temporary short positions at (5) 81.723 and (6) 82.016.

CHFJPY (Nov) – Monthly MACD is moving slowly farther down from the zero line and STOC is sinking deeper in the oversold level, so this is a chance to buy this pair – We are now holding covered long positions at (4) 111.746 and (6) 112.162 and (3) 110.608 and (1) 110.903 and temporary short positions (5) 109.765 and (2) 109.907.

EURGBP (Nov) – The monthly MACD is making a weak cross upward above the zero line and STOC is turning back down to the mid level, so this is a chance to sell it – This week we closed some of our positions and took a profit of 24 pips. We are now holding temporary long positions at (1) 0.88494 and (4) 0.87841 and (2) 0.86788 and (6) 0.85714.

GBPAUD (Nov) – Monthly MACD is unable to go higher from the zero line and STOC is reaching up close to the overbought level, so this is a chance to sell it – We are now holding short positions at (4) 1.86906 and (2) 1.87998 and (6) 1.89437.

GBPCAD (Nov) – The monthly MACD is going to make an attemp for a crossover under the zero line and STOC is almost at the mid level, so this is still a chance to buy it – We are now holding long positions at (5) 1.70915 and temporary short positions (6) 1.67693 and (4) 1.68895 and (1) 1.70257.

GBPNZD (Nov) – The monthly MACD seems unable to go higher from the zero line and STOC is almost touching the overbought level, so this is a chance to sell it – This week we closed some of our positions and took a profit of 133 pips. We are now holding temporary short positions at (1) 1.99323 and (5) 2.00321.

GBPUSD (Nov) – Monthly MACD is making a crossover right under the zero line and STOC is slowing down at the mid level, so it’s still 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 (4) 1.45109 and (6) 1.28514.

NZDUSD (Nov) – Monthly MACD continues to go sideway far down the zero line and STOC already made a crossover out of the oversold level, it’s still a chance to buy this pair – – This week we closed some of our positions and took a profit of 26 pips. We are now holding covered long positions at (3) 0.68673 and (1) 0.67420 and (2) 0.65086 and temporary short positions at (6) 0.63950.

USDCAD (Nov) – The monthly MACD is trying to go back to the zero line and STOC continues to go down passing the mid level, so this is a chance to sell it – This week we closed some of our positions and took a profit of 88 pips. We are now holding covered short positions at (5) 1.32062 and (6) 1.31749 and (4) 1.32253 and (3) 1.32455.

USDCHF (Nov) – Monthly MACD is trying to go back up from the zero line and STOC is making a crossover from the mid level, but it’s still a chance to sell it – This week we closed some of our positions and took a profit of 117 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) 0.99239 and (2) 0.99008.

USDJPY (Nov) – Monthly MACD is slowing down on its descending way from the zero line and STOC already made a crossover back to the mid level, so it is still a chance to buy this pair – This week we closed some of our positions and took a profit of 72 pips. We are now holding long positions at (2) 109.331 and (1) 109.693 and (4) 108.651 and temporary short positions at (5) 107.350 and (6) 108.263 and (3) 108.311.

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.