Market Watch

Profit: 775 pips
This month: 2,422 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 – We are now holding long positions at (4) 1.06827 and (2) 1.06394 and (1) 1.06213 and (3) 1.06092 and temporary covered short positions at (5) 1.05925 and (6) 1.06065.

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 77 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 and (4) 0.74763.

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 112 pips. We are now holding covered long positions at (3) 86.434 and (1) 84.074 and (2) 83.784.

CHFJPY (Nov) – Monthly MACD is trying to come up to the zero line and STOC is coming out of 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 127 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) 109.387.

EURCAD (Nov) – Monthly MACD is still going slowly from the zero line and STOC is trying to come up from 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 72 pips. We are now holding covered long positions at (3) 1.62962 and (5) 1.50088 and (1) 1.49477 and (4) 1.49137.

EURUSD (Nov) – Monthly MACD has been going sideway under the zero line for more than 2 months and STOC is now coming out of the oversold area, so it’s a chance to continue buying this pair – This week we closed some of our positions and took a profit of 39 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) 1.10648.

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 – This week we closed some of our positions and took a profit of 112 pips. We are now holding temporary short positions (6) 1.67693 and (4) 1.68895 and (1) 1.70257.

GBPCHF (Nov) – Monthly MACD is going to make a crossover to the zero line and STOC already passed the mid level on its way up, so it’s still a chance to buy this pair – This week we closed some of our positions and took a profit of 34 pips. We are now holding long positions at (1) 1.30505 and temporary short positions at (2) 1.26163 and (5) 1.27019.

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 – We are now holding temporary short positions at (1) 1.99323.

NZDCAD (Nov) – Monthly MACD is slowing on its downwards from the zero line and STOC is trying to get out of the oversold level, so this is a chance to buy it – We are now holding covered long positions at (4) 0.89801 and (2) 0.89492 and (1) 0.89844 and (3) 0.89899 and (6) 0.88448.

NZDCHF (Nov) – The monthly MACD is going farther from the zero line and STOC is trying to lift itself up from the oversold level, this is still a chance to buy it – We are now holding covered long positions at (5) 0.67041 and (3) 0.66723 and (4) 0.66607 and (1) 0.67270 and (6) 0.67084 and (2) 0.65421.

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 13 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 107 pips. We are now holding covered short positions at (5) 1.32062 and (6) 1.31749 and (4) 1.32253 and (1) 1.32763 and (2) 1.32835.

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 82 pips. We are now holding covered short positions (5) 0.96106 and (4) 0.98229 and (6) 0.98320 and (3) 0.99042 and (2) 0.99369.

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.