Market Watch

This week: 1,416 pips
This month: 2,891 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 (Jan) – Monthly MACD is making a cross downward far away from the zero line and STOC is going down to the oversold level, so this is still a chance to sell this pair – This week we closed some of our positions and took a profit of 26 pips. We are now holding covered temporary long positions at (4) 1.06827 and (2) 1.05977 and (1) 1.06213 and (3) 1.05050 and (5) 1.05636.

CADCHF (Jan) – Monthly MACD continues to go sideway right under the zero line and STOC is doing the same above the mid level, but it’s still a chance to buy it – This week we closed some of our positions and took a profit of 32 pips. We are now holding long positions at (1) 0.74972 and (2) 0.74705 and (3) 0.74543 and (4) 0.74169.

CADJPY (Jan) – Monthly MACD is going up slowly to the zero line and STOC is already passing the mid level on its upward to the overbought level, it’s still a chance to buy it – This week we closed some of our positions and took a profit of 103 pips. We are now holding covered long positions at (3) 86.434 and temporary short positions at (5) 81.914 and (4) 82.070 and (6) 82.450 and (2) 84.165.

CHFJPY (Jan) – Monthly MACD is going high up to the zero line and STOC is also reaching up to the overbought level, so this is a chance to sell this pair – We are now holding temporary short positions at (5) 109.602 and (2) 109.403 and (3) 111.584 and (6) 112.738 and (4) 111.187 and (1) 111.914.

EURCHF (Jan) – Monthly MACD continues to do lower from the zero line and STOC is sinking deep in the oversold level, so it’s a chance to buy this pair – We are now holding long positions at (1) 1.12907 and (4) 1.12488 and (6) 1.13109 and (3) 1.12716 and (2) 1.12405 and (5) 1.10644.

EURGBP (Jan) – The monthly MACD already passed the zero line on its way downward and STOC is right below the oversold level, but this is a chance to buy it – This week we closed some of our positions and took a profit of 67 pips. We are now holding long positions at (1) 0.88494 and (4) 0.87841 and (2) 0.86788 and (6) 0.85714 and (3) 0.85403 and temporary short positions at (6) 0.85160.

EURNOK (Jan) – Monthly MACD is goingto make a cross downward to the zero line and STOC is on its way to the mid level, so it’s a chance to sell this pair. We are now holding short positions at (1) 9.62894 and (5) 9.66645 and (2) 9.62672 and (4) 9.66115 and (3) 9.76313 and temporary long positions at (6) 9.87997.

EURUSD (Jan) – Monthly MACD is trying to make a crossover from under the zero line and STOC turns sideway above the oversold level, so it’s a chance to continue buying this pair – This week we closed some of our positions and took a profit of 31 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) 1.11014 and temporary short positions at (6) 1.11048.

GBPAUD (Jan) – Monthly MACD is going slowly higher from the zero line and STOC is going sideway right at the overbought level, so this is a chance to sell it – This week we closed some of our positions and took a profit of 208 pips. We are now holding short positions at (4) 1.86906 and (6) 1.88827 and temporary long positions at (2) 1.89765.

GBPCAD (Jan) – Monthly MACD is trying to reach up to the zero line after a crossover and STOC is going sideway under the overbought level, so this is still a chance to buy it – This week we closed some of our positions and took a profit of 94 pips. We are now holding long positions at (1) 1.70501 and temporary covered short positions at (4) 1.70088.

GBPCHF (Jan) – Monthly MACD seems unable to make an advance up after a crossover under the zero line and STOC is no longer trying to reach to the overbought level, but it’s still a chance to buy this pair – This week we closed some of our positions and took a profit of 227 pips. We are now holding long positions at (1) 1.27637 and (2) 1.26436 and (6) 1.25964 and temporary short positions at (5) 1.25926.

GBPJPY (Jan) – The monthly MACD is on its way upward to the zero line and STOC is trying to reach up to the overbought level, it is a chance to buy this pair – This week we closed some of our positions and took a profit of 85 pips. We are now holding long positions at (5) 144.000 and temporary short positions at (2) 141.381 and (3) 141.474.

GBPNZD (Jan) – The monthly MACD is turning back to the zero line and STOC is making a cross downward from the overbought level, so this is a chance to sell it – This week we closed some of our positions and took a profit of 201 pips. We are now holding short positions at (5) 1.95287 and (6) 1.96113 and temporary long positions at (1) 1.97192.

GBPUSD (Jan) – Monthly MACD is reaching up slowly to the zero line after a crossover and STOC is going sideway right under the overbought level, so it’s a chance to buy this pair – This week we closed some of our positions and took a profit of 125 pips. We are now holding long positions at (1) 1.30739 and temporary short positions at (6) 1.29445 and (5) 1.29833.

NZDCAD (Jan) – Monthly MACD is still trying to make a crossover to the zero line and STOC seems unable to make a move to the mid level, but this is still a chance to buy it – We are now holding covered long positions at (4) 0.89801 and (2) 0.89492 and (1) 0.88660 and (3) 0.89899 and temporary short positions at (6) 0.85705 and (5) 0.86525.

NZDCHF (Jan) – The monthly MACD is trying to go back up to the zero line and STOC is still hovering above the mid level, this is a chance to buy it – This week we closed some of our positions and took a profit of 132 pips. We are now holding covered long positions at (5) 0.67041 and (3) 0.66723 and (1) 0.67270 and (2) 0.65421 and (4) 0.64061 and temporary short positions at (6) 0.63687.

NZDUSD (Jan) – Monthly MACD already made a crossover back to the zero line and STOC is trying to reach up higher from the mid level, it’s a chance to buy this pair – We are now holding covered long positions at (3) 0.68673 and (1) 0.67420 and temporary short positions at (6) 0.65235 and (5) 0.64533 and (2) 0.65057 and (4) 0.65867.

USDCAD (Jan) – The monthly MACD is hovering right above the zero line and STOC is going to touch the oversold level, but this is still a chance to sell it – We are now holding short positions at (4) 1.30454 and temporary covered long positions at (1) 1.32361 and (2) 1.31654 and (3) 1.31324 and (4) 1.30599 and (5) 1.30695 and (6) 1.30722.

USDCHF (Jan) – Monthly MACD is almost touching the zero line and STOC is reaching down to the oversold level, so it’s still a chance to sell it a little bit more – We are now holding covered short positions (5) 0.96106 and temporary long positions at (1) 0.97315 and (2) 0.97865 and (3) 0.97296 and (6) 1.29965 and (4) 0.97108 and (6) 0.96759.

USDJPY (Jan) – Monthly MACD is going to make a cross upward to the zero line and STOC is going sideway at 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 35 pips. We are now holding long positions at (4) 108.651 and temporary short positions at (3) 109.111 and (5) 108.486 and (6) 109.227 and (2) 109.498 and (1) 110.089.

USDNOK (Jan) – Monthly MACD is going to make a cross downward to the zero line and STOC continues to go down after a cross in the overbought area, so it is a chance to sell this pair – This week we closed some of our positions and took a profit of 50 pips. 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.

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.