Trade Idea for SPX500 Bias: Very Bearish Overall Score: -7 Commitment of Traders (COT) Bias: -1 Institutional traders are showing a mild bearish sentiment towards the S&P 500. Retail Sentiment: 0 Retail sentiment is neutral, suggesting no significant directional bias from this group. Seasonality: -1 Historically, this time of year exhibits some bearish...
Trade Idea for USD/JPY Bias: Counter-Trend While current fundamentals might suggest different directions for USD/JPY, there are unique circumstances hinting at a possible counter-trend scenario: Bank of Japan's (BoJ) Intervention History: As USD/JPY approaches the pivotal 150 level, it's crucial to remember that the BoJ has previously intervened in the...
Trade Idea for CHF/JPY Bias: Counter-Trend While the underlying fundamentals may favor a bullish move for CHF/JPY, there are compelling reasons to consider a counter-trend trade: Bank of Japan's (BoJ) History with USD/JPY: The USD/JPY is inching closer to the significant 150 level. Notably, in the past, when the pair approached this level, the BoJ stepped in to...
USDCAD bounces from yesterday’s lows. The pair is on the rise as the dollar index holds on to its gains from yesterday and pushes higher. Investors are looking at a stronger dollar going into tomorrow's CPI news. UC came down to a double bottom on the 1D timeframe as price rejected the lows on yesterday's candle. We have a good and clear technical set up with...
The DXY index is at a strong Fib Level correlating with Euro at 4H Resistance level is a perfect technical set-up which is also overlaying with the current fundamental picture. EURUSD currently has a score of -5, or a Sell rating after adding up all categories. First, let's look at what institutional traders are buying/selling. We can see that theEUR has a long...
AUDUSD currently has a score of -10, or a Strong Sell rating after adding up all categories. First, let's look at what institutional traders are buying/selling. We can see that theAUD has a long percentage of 35.19%, and we see that the USD has a long percentage of 69.73%. This category receives a -2, as institutional traders favor the USD. Taking a look at...
Q1-2023. High energy costs and elevated inflation are increasingly weighing on Eurozone real household disposable incomes, even if overall inflation pressures are not as broad-based as in some other major economies. In addition, disruptions to energy imports from Russia (oil and natural gas, both planned and unplanned) have the potential to further elevate energy...
Eur/Usd in area of value. The fundamentals are in our favor. Technically also a bearish trend. RR=4+ is more than decent Check my other short idea for Eur/Aud
BTC/USD * Technicals: on a Daily resistance and the 4hr TF, we can spot an area of value as it is shown in the graphic which is the exact area that in the current market conditions managed to resist and push the price higher. With conservative SL just below the AOV and a realistic target to Take Profit(TP1), we have a 1:11 RR ratio. * Fundamentals: Bitcoin and...
gbp/aud -inverted head and shoulders pattern with 1600+ pips potential
US stock indices came under selling pressure on Friday following European markets close. As indices from the Old Continent finished the day significantly lower, now pessimism might be spotted on US stock exchanges. Currently all major US indices are plunging more than 2%. The Dow Jones Industrial Average (US30) fell below 30,000 pts, which was a critical support...
Trade Idea for EURUSD Bias: Very Bearish Overall Score: -12 Commitment of Traders (COT) Bias: -3 The Commitment of Traders data for EURUSD is indicating a strong bearish sentiment among institutional traders. This points to an expectation of a weakening Euro relative to the Dollar among the major players in the market. Retail Sentiment: -1 Retail...
Trade Idea for GBPUSD Bias: Very Bearish Overall Score: -12 Commitment of Traders (COT) Bias: -3 The Commitment of Traders data shows a strong bearish sentiment among institutional traders. This suggests that those who have a deeper understanding of the market's mechanisms are heavily favoring the downside. Retail Sentiment: -1 Retail sentiment ...
My trading idea on Aud.Usd. The only problem currently is that the retailers are sitting at 70% short and if you follow me for long enough you know that I want to be trading in the opposite direction. If we see push to the higher resistance zone then we can expect the retailers to get stopped out and it will be perfect timing to get into sells. Taking a look at...
EURUSD currently has a score of -6, or a Strong Sell rating After adding up all categories. First, let's look at what institutional traders are buying/selling. We can see that theEUR has a long percentage of 76.61%, and we see that the USD has a long percentage of 66.95%. This category receives a 0, as institutional traders have no strongly favored asset. Taking...
USDJPY currently has a score of +6, or a Strong Buy rating after adding up all categories. First, let's look at what institutional traders are buying/selling. We can see that theUSD has a long percentage of 66.95%, and we see that the JPY has a long percentage of 23.84%. This category receives a +2, as institutional traders favor the USD. Taking a look at USDJPY,...
EURJPY currently has a score of +4, or a Buy rating after adding up all categories. First, let's look at what institutional traders are buying/selling. We can see that theEUR has a long percentage of 78.31%, and we see that the JPY has a long percentage of 23.83%. This category receives a +2, as institutional traders favor the EUR. Taking a look at EURJPY, we...
AUDUSD currently has a score of -4, or a Sell rating after adding up all categories. First, let's look at what institutional traders are buying/selling. We can see that theAUD has a long percentage of 34.97%, and we see that the USD has a long percentage of 66.39%. This category receives a -2, as institutional traders favor the USD. Taking a look at AUDUSD, we see...