Market Watch

AUDJPY (BUY) - Although this pair still has some distance to go down before making a turn, but we want to catch a correction in the progress as the weekly STOC has been up from the oversold area, so it's a chance to buy it - We are now standing aside waiting for another opportunity to buy this pair again.

AUDNZD (BUY) - This pair has the monthly MACD already on the underside and STOC is in the oversold area, so this is a chance to buy it - We are now holding at 1.044680.

EURAUD (SELL) - This pair has the monthly MACD already crossing down and the monthly STOC still has some distance to go before touching the oversold level, so it’s a chance to sell it again - We are now holding at 1.48727.

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 1.46660.

EURJPY (BUY) - The pair has been downwardly passed the monthly oversold level and zero line. Although it will go down for some more, it is still presenting an opportunity to buy - We are now holding at 121.9238.

NZDJPY (BUY) - This pair's monthly MACD and STOC have been on the underside and at the oversold level for nearly 4 months, so this is a chance for us to buy it - We are now standing aside a while waiting for another chance to buy it again.

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.