Market Watch

This week: 3,922 pips
This month: 6,062 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 (Feb) – 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 (6) 0.68606 and (5) 0.67167.

CADCHF (Feb) – Monthly MACD is making an attemp to go up back to the zero line and STOC is slowing down after apssing 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 184 pips. We are now holding long positions at (1) 0.74972 and (3) 0.74543 and (2) 0.73666 and (5) 0.71912 and temporary short positions at (6) 0.71927.

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 603 pips. We are now holding covered long positions at (3) 86.434 and (1) 84.721 and (2) 82.666 and temporary short positions at (6) 80.664 and (5) 80.146.

CHFJPY (Feb) – 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 301 pips. We are now holding short positions at (5) 109.602 and (2) 109.403 and (4) 111.691 and (6) 111.715 and temporary long positions at (1) 113.094.

EURCAD (Feb) – 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 33 pips. We are now holding covered long positions at (3) 1.62962 and (5) 1.50088 and (1) 1.49477 and (4) 1.49137 and temporary short positions at (6) 1.44314.

EURGBP (Feb) – 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 340 pips. We are now holding long positions at (1) 0.88494 and (2) 0.86788 and (4) 0.86022 and temporary short positions at (5) 0.82695 and (6) 0.85190.

EURUSD (Feb) – 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 170 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) 1.10385 and temporary short positions at (6) 1.09725.

GBPCAD (Feb) – Monthly MACD is still 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 136 pips. We are now holding long positions at (1) 1.72938 and temporary short positions at (4) 1.70088 and (5) 1.70757 and (6) 1.71386.

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 222 pips. We are now holding long positions at (1) 1.27637 and (2) 1.26898 and temporary short positions at (5) 1.23956.

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 444 pips. We are now holding long positions at (1) 144.416 and (2) 142.855 and temporary short positions at (6) 138.111.

GBPUSD (Feb) – 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 long positions at (1) 1.30315 and (2) 1.30005 and temporary short positions at (5) 1.27700.

NZDCAD (Feb) – 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 30 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 (5) 0.85318 and temporary short positions at (6) 0.83675.

NZDCHF (Feb) – 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 152 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) 0.63528 and temporary short positions at (6) 0.60368.

NZDJPY (Feb) – 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 189 pips. We are now holding long positions at (6) 76.046 and (5) 76.553 and (1) 74.764 and (3) 71.387 and temporary short positions at (2) 67.459.

NZDUSD (Feb) – 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 68 pips. We are now holding covered long positions at (3) 0.68673 and (1) 0.67420 and (4) 0.65022 and (2) 0.63888 and (5) 0.63640 and temporary short positions at (6) 0.62433.

USDCAD (Feb) – The monthly MACD is reluctant to go back to the zero line and STOC is going side way above the oversold level, this is still a chance to buy it – This week we closed some of our positions and took a profit of 163 pips. We are now holding long positions at (1) 1.34189 and temporary covered short positions at (4) 1.30454 and (6) 1.31283 and (5) 1.31281 and (2) 1.32237.

USDCHF (Feb) – 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 128 pips. We are now holding long positions at (1) 0.98151 and (2) 0.98307 and (4) 0.97613 and temporary covered short positions (5) 0.96106 and (6) 0.96521.

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 622 pips. We are now holding long positions at (1) 111.966 and temporary short positions at (5) 107.589 and (6) 107.849.

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.