Market Watch

Profit: 170 pips
This month: 2,592 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 97 pip. We are now holding covered long positions at (4) 1.06827 and (2) 1.05977 and (1) 1.06213 and (3) 1.06092 and (5) 1.05636 and (6) 1.05572.

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 – We are now holding temporary short positions at (6) 0.74595 and (5) 0.74734 and (4) 0.74763 and (1) 0.74982 and (3) 0.75188 and (2) 0.75223.

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 – 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) 81.914 and (4) 82.133 and (6) 82.331.

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 – 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 at (5) 109.233 and (2) 109.403.

EURGBP (Nov) – The monthly MACD is reaching down almost to the zero line and STOC is going to touch the oversold level, so this is still a chance to sell it – We are now holding temporary long positions at (1) 0.88494 and (4) 0.87841 and (2) 0.86788 and (6) 0.85714 and (3) 0.85403.

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 – 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 and (6) 1.10211.

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) 1.91144.

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 73 pips. We are now holding temporary short positions (6) 1.67693 and (4) 1.68895 and (1) 1.70257 and (2) 1.70583 and (5) 1.71819.

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 – We are now holding long positions at (1) 1.30505 and temporary short positions at (2) 1.26163 and (5) 1.27019 and (2) 1.28980 and (4) 1.29358.

GBPJPY (Nov) – The monthly MACD is going to make a cross upward to the zero line and STOC is reaching almost to the mid level, it is a chance to buy this pair – We are now holding long positions at (1) 147.808 and (5) 145.243 and temporary short positions at (6) 138.956 and (2) 139.246 and (3) 141.474.

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 and (5) 2.01219.

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 and temporary short positions at (5) 0.85301.

NZDCHF (Nov) – The monthly MACD is going to turn up to the zero line and STOC is trying to lift itself up from the oversold level, this is a chance to buy it – We are now holding covered long positions at (5) 0.67041 and (3) 0.66723 and (1) 0.67270 and (6) 0.67084 and (2) 0.65421 and temporary short positions at (4) 0.64022.

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 – 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 and (5) 0.64220.

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 – We are now holding covered short positions (5) 0.96106 and (4) 0.98229 and (6) 0.99051 and (3) 0.99042 and (2) 0.99369 and (1) 0.99717.

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 – We are now holding long positions at (1) 109.693 and (4) 108.651 and temporary short positions at (5) 107.350 and (6) 108.263 and (3) 108.311 and (2) 108.911.

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.