Market Watch

This week: 1,892 pips
This month: 6,181 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)

AUDCHF (Jan) – Monthly MACD is going farther down from the zero line and STOC is at the oversold level, so it is a chance to buy this pair – We are now holding covered long positions at (1) 0.70691 and (3) 0.71156 and (2) 0.71495 and (4) 0.70057 and (5) 0.68781 and (6) 0.68606.

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 – 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 and (6) 1.03297.

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 – We are now holding long positions at (1) 0.74972 and (2) 0.74072 and (3) 0.74543 and (4) 0.74169 and (6) 0.73749 and (5) 0.73671.

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 223 pips. We are now holding covered long positions at (3) 86.434 and (1) 83.385 and (2) 82.674 and (5) 82.425.

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 – This week we closed some of our positions and took a profit of 216 pips. We are now holding temporary short positions at (5) 109.602 and (2) 109.403 and (3) 111.584 and (4) 111.821.

EURCAD (Jan) – Monthly MACD is starting to slow down on its way downward from the zero line and STOC already made a crossover upward from inside the oversold area, so it’s a chance to buy this pair – This week we closed some of our positions and took a profit of 117 pips. We are now holding covered long positions at (3) 1.62962 and (5) 1.50088 and (1) 1.49477 and (4) 1.49137.

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.

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 61 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 (6) 1.10528.

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 152 pips. We are now holding temporary covered short positions at (4) 1.70088 and (1) 1.71106 and (6) 1.73031.

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 – We are now holding long positions at (1) 1.27637 and (2) 1.26922 and temporary short positions at (5) 1.26387 and (4) 1.26694.

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 76 pips. We are now holding long positions at (1) 144.416 and (5) 143.527 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 – We are now holding short positions at (5) 1.95287 and (6) 1.96113 and (2) 1.98070 and (4) 1.98214 and (1) 1.98925 and (3) 2.01411.

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 137 pips. We are now holding 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 – This week we closed some of our positions and took a profit of 94 pips. 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) 0.85820.

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 – 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) 0.63528 and (6) 0.63061.

NZDJPY (Jan) – The monthly MACD already made a crossover toward the zero line and STOC is almost touching the mid level, so it’s a chance to buy it – This week we closed some of our positions and took a profit of 260 pips. We are now holding long positions at (6) 76.046 and (5) 76.553 and (1) 74.764 and (3) 71.387 and (2) 70.681.

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 – This week we closed some of our positions and took a profit of 206 pips. We are now holding covered long positions at (3) 0.68673 and (1) 0.67420 and (4) 0.65514.

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 – This week we closed some of our positions and took a profit of 72 pips. We are now holding short positions at (4) 1.30454 and (6) 1.31283 and (5) 1.31281 and (2) 1.32237.

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 – This week we closed some of our positions and took a profit of 96 pips. We are now holding covered short positions (5) 0.96106 and temporary long positions at (1) 0.97573 and (2) 0.97865 and (3) 0.97296 and (6) 1.29965.

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 182 pips. We are now holding long positions at (4) 108.651 and (1) 108.969.

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.