First clear bullish signal for month, big upside potential
Seasonnality, price action and commitment of traders all suggest that we are going to bounce, 1.16-1.17 could be reached within 1 or 2 weeks.
Potential bounce soon
Potential pullback soon.
Bullish formation, bullish trend, the squeeze likely to yield one big leg up next week
14 is the next support, we should tag it before any major bounce. DXY looks string too.
Commercial buying gone, only specs left holding the longs, notice the bearish 5y seasonal window ahead. Also stretched up with loss of momentum.
Trend and seasonality are bullish, good spot for a long entry as it is short term OS
There was a strong bounce on the trendline support, hints there is buyers waiting for the dip
If DXY keeps coiling for few more days in this area, it will have enough energy to break resistance and go on a multiday run up.
Long term chart suggesting a potential retest of 1.05. Fundamentally the Eurozone is due splitting, brexit is a first of a serie.
Should pullback soon
Probably a good place to start accumulating longs and follow the smart $: the commercials. Price action sowing a momentum shifting to neutral from bearish.
Altcoins likely to catch up to bitcoin.
Should go lower a bit more then go up. Price action is bullish midterm but for this week we should go lower due to seasonals.
Likely one more leg down then we'll get a bounce.
Unlikely to go much higher. 5 y seasonal cycle is very bearish, momentum diverging with price, commercials are very short