Market Watch

This week: 195 pips
This month: 2,140 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)

CADJPY (Feb) – 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 48 pips. We are now holding covered long positions at (3) 86.434 and (1) 84.721 and temporary short positions at (4) 83.602 and (5) 82.994 and (6) 83.689.

GBPCHF (Feb) – Monthly MACD seems unable to make an advance up after a crossover under the zero line and STOC is turning back to the mid level, but it’s still a chance to buy this pair – This week we closed some of our positions and took a profit of 43 pips. We are now holding long positions at (1) 1.27637 and (2) 1.26898 and temporary short positions at (5) 1.26387 and (4) 1.26272.

GBPJPY (Feb) – 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 47 pips. We are now holding long positions at (1) 144.416 and temporary short positions at (6) 142.193 and (5) 143.072.

USDJPY (Feb) – Monthly MACD already made a cross upward to the zero line and STOC is just passing the mid level, so it is a chance to buy this pair – This week we closed some of our positions and took a profit of 57 pips. We are now holding long positions at (1) 111.966 and temporary short positions at (6) 112.100 and (4) 110.770 and (5) 110.036.

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.