GBP/CAD Analysis 1. **Bearish/Bullish Analysis:** - **Scorecard 3:** Indicates a bearish sentiment for GBP, bullish for CAD, resulting in a bearish outlook for GBPCAD. This could suggest weakness in the Pound against the Canadian Dollar. - **COT-Flip:** The Commitment of Traders (COT) report suggests a shift in sentiment from bullish to bearish for GBP and...
Here is a details analysis of EURJPY: EUR (Euro): 1. Scorecard: Bullish sentiment, indicating an expectation for an increase in value. 2. COT-FLIP: Bearish sentiment, suggesting a potential decrease. 3. Seasonal Analysis: Bearish outlook, implying a likelihood of a decrease. 4. Fundamentals (LEI, ENDO, EXO): All bullish, indicating positive economic factors that...
EURNZD analyzes currency pairs using a mix of fundamental and technical analysis, supplemented with some sentiment indicators such as the Commitment of Traders (COT) report, Leading Economic Indicators (LEI), external and endogenous factors (EXO and ENDO), and seasonal trends. Let’s break down the analysis: 1. Fundamental Analysis LEI, EXO, ENDO: All are...
In the GBPAUD scenario for the first week of May, we have assessments across different factors impacting the GBP/AUD currency pair. Here's a breakdown: 1. Scorecard Analysis: Bullish sentiment for GBP and AUD individually but neutral for the GBPAUD pair. 2. COT-FLIP (Commitment of Traders - Financial Instrument Price) indicates bearish for GBP, bullish for...
NZDUSD is looking bearish in HTF 1. Conditional Scoring: Bearish sentiment is derived from expectations of deteriorating economic conditions in New Zealand relative to the US. 2. COT-FILP: Bearishness is based on speculative positioning in the futures market, where traders anticipate a decline in the NZDUSD exchange rate. 3. Seasonal Patterns: Bearishness...
EURUSD is trading on a bearish trend and currently, fundamental data is showing a potential bullish trend ahead because DXY data is showing that it's getting weaker with time and EXY is getting stronger. seasonal data is also showing a bullish trend after the second week of April technicals indication of potential reversal is also there as price action is made...
I am re-entring again in this trade, technical and fundamentals are also supporting this setup cot index of AXY Index is at the top and ZXY comes from the top so AXY is neutral and ZXY is reversing with commercial flip data technical pointer and bias is also bullish I am re-entering this trade with a doubling my risk
AUDNZD Seems bullish and the trend is now getting a little size ways if it breaks lower high it could change its trend and the potential reversal could happen next
GOLD is looking stronger in lower time frame but bears are more stronger in higher time frame
USDJPY is on strong bullish move although its making some diversions with consolidation on current price, bulls seem more stronger here above cup and handle resistance. If price move above pattern resistance with green candle closing, trend will continue till cup and handle projection price
ETCUSD was in bullish trend and now price is consolidating here. some bearish points seems stronger like 1. bearish diversion on chart 2. double top 3. break of structure 4. break of parallel channel
GBPUSD is following bearish trend on 4H to 1D time Frame bears seems more stronger than bulls
BTCUSD is looking bullish in 4h time frame and bullish point are more stronger than bearish so we could take entry on break out of swing high above flag pattern
NZDUSD is tranding in a bearish trend since long time and it will potentially reverse from here after breaking neckline of double bottom bullish points seems more stronger than bullish. trend is very bearish although it has start consolidating but we would take entry after closing of bullish candle above neck line
EURUSD Looks bullish in 1hr and a smaller time frame entry is above support and last higher high. EURUSD is also trading in a parallel channel and trend
USDCHF is looking bullish with multiple confluences mention in chart
GBPJPY is looking bullish most all points are bullish
USDJPY is making higher highs but it seems like the trend will go reversal as the bear point is more solid than the bullish points entry plan is 147.899 on CMP and sl is above the golden zone on the daily time frame on fib 0.786 TP can be taken 1:1 or 1:2 according to trade plan