Market Watch

EURCAD (SELL) - This pair has had some repeatedly rebounds from April's low when the weekly MACD started to go under the zero line, so we decided to get in for a sell whenever it has a rebound from monthly AL - We are now holding at 1.45133.

GBPCAD (BUY) - This pair has the monthly MACD already on the underside and the STOC at the extreme oversold level, so we decided to get in a bit early to buy it. We are now standing aside waiting for the market to calm down.

USDJPY (BUY) - It is an opportunity to buy this pair when monthly MACD has gone to the underside and the STOCs is already in oversold area - We are holding at 102.3770.

(Charts: Forex Trader)

Disclaimer: This is a personal analysis, not an actual advice, therefore we will not accept any liability for any loss and damage which may arise directly or indirectly from the content of these and future articles.