Hello Traders, Here's my analysis using the Elliot Wave Theory, in my opinion I think it'll be heading to 1900-1950 zone before dropping.
After the rejection from the 4000.0 area near the weekly critical zone, we saw a strong support breaking through the next weekly critical zone near 5500.0 and the daily critical near 8500.0. Right now, the price is in a consolidation and pretty soon a strong move will happen. From a technical perspective our next goal will be the 10000.0 mark. After it is...
According to last week’s EUR COT Report, we can see that it remains with really strong “long” contract positions. It is expected that the EUR keeps its upward momentum. Price moved exactly according to our previous analysis towards the 124.000 area. Now after hitting the psychological 124.000 zone in the 4H critical area, we can expect 2 ways the price...
Red zones- critical zones based on the daily time frame Blue zones – critical zones based on the 4h time frame Orange zones – critical zones based on the 1h time frame According to last week’s EUR COT Report we can see that the “long” contract sizes remain strong. This week the continuation of the bullish momentum will most likely stay unchanged. On our 4H...
According to last week’s GBP COT report we can see a strong increase in the long “contract” sizes. Even a decrease in short positions can be seen within the long-term investors. This will give us an opportunity to break the upper-trendline of the closed triangle on the daily timeframe and possibly even reach the monthly critical near 139.000. After we made the...
According to last week’s GBP COT report we can see a strong increase in the long “contract” sizes. Even a decrease in short positions can be seen within the long-term investors. This gives us a strong confirmation that price will most likely once again go towards the daily critical near the 1.81000 area. The last few months we are in a downtrend and finally we...
According to the last Silver COT Report we can see that it continues dominating “long” contract size positions. And that’s why I expect the price to go for a second top near the 22.50000 area. After price closed above the 4H critical zone at 19.60000 we saw a strong upward momentum towards the monthly critical near 22.80000. Price closed above two critical zones...
Yellow zones- critical zones based on the monthly/ weekly timeframe Red zones- critical zones based on the daily timeframe Blue zones – critical zones based on the 4h timeframe Orange zones – critical zones based on the 1h timeframe Blue line – upper trendline of the monthly closed triangle According to last week’s EUR COT Report, we can see that it remains...
Yellow zones- critical zones based on the monthly/ weekly timeframe Red zones- critical zones based on the daily timeframe Blue zones – critical zones based on the 4h timeframe Orange zones – critical zones based on the 1h timeframe According to last week’s GBP COT report we can see a strong increase in the long “contract” sizes. Even a decrease in short...
Yellow zones- critical zones based on the monthly/ weekly timeframe Red zones- critical zones based on the daily timeframe Blue zones – critical zones based on the 4h timeframe Orange zones – critical zones based on the 1h timeframe According to last week’s GBP COT report we can see a strong increase in the long “contract” sizes. Even a decrease in short...
Yellow zones- critical zones based on the monthly/weekly timeframe Red zones- critical zones based on the daily timeframe Blue zones – critical zones based on the 4h timeframe Orange zones – critical zones based on the 1h timeframe According to last week’s EUR COT Report, we can see that it remains in a really strong “long” contract position. It is expected that...
Yellow zones- critical zones based on the monthly/weekly time frame Red zones- critical zones based on the daily time frame Blue zones – critical zones based on the 4h time frame After last week’s COT report, we can see an increase in the EUR “long” contract sizes, while the CAD is showing some decrease in the “short” contract sizes. Our previous analysis...
Red zones- critical zones based on the daily time frame Blue zones – critical zones based on the 4h time frame Orange zones – critical zones based on the 1h time frame According to last week’s GBP COT report we can see a strong increase in the long “contract” sizes. Even a decrease in short positions can be seen within the long-term investors. This can lead to...
I THINK EURUSD MAY GO FOR ONE MORE PUSH UP AND TOUCH THE LEVEL 1.1500.. FROM THERE WE HAVE TO SEE THE PRICE ACTION...IF PRICE ACTION TOLD US TO SELL THEN WE GO FOR LONG SELL....FOR FREE SIGNALS JOIN OUR TELEGRAM CHANNEL @creativeforexsignal
Orange trendline – critical zone based on the weekly timeframe Red zone – critical zone based on the daily timeframe Blue zone- critical zone based on the 4H timeframe Blue dash line – showing the closed triangle on the 4H timeframe For the past 2 months we can see that the monthly trendline played a huge role as a resistance point for the BTC price. After it...
Yellow zones- critical zones based on the monthly/weekly timeframe Red zones- critical zones based on the daily timeframe Blue horizontal lines – critical levels based on the 4h timeframe According to last week’s EUR COT Report we can see that the long contract sizes are not only dominating the long/mid-term trends, but also there was a huge increase from...
Yellow zones- critical zones based on the monthly/weekly time frame Red zones- critical zones based on the daily time frame Blue zones – critical zones based on the 4h time frame According to the last COT report, GBP has a big decrease in short contracts and logically an increase in long contracts, which can be an indicator for a position reversal. If this...
Yellow zones- critical zones based on the monthly/weekly time frame Red zones- critical zones based on the daily time frame Blue zones – critical zones based on the 4h time frame After last week’s COT Report we can notice a big and rapid increase in the “long” contract sizes. On the other hand, JPY is showing dominance on the “short” contract sizes. After price...