From the weekly perspective, price is creating an impulse followed by a correction, and expect new impulse to the downside. And from the daily perspective, price breaks the strong support level and now becomes a strong resistance now, if the price manages to retest this level, further downside is expected. From the COT perspective, hedge funds are still bearish...
From the weekly perspective, price is creating an impulse followed by a correction, and expect new impulse to the upside. And from the daily perspective, price is rejected from the strong support zone right now, but now it faces a bearish trendline right now if the price manages to break this trendline, further upside is expected. From the COT perspective, hedge...
From the daily perspective, the price was created a W formation and now it is moving toward the neckline of the W formation, a.k.a previous resistance level now become support level price, and I expect the price will bounce from this level and starting bullish. From the COT perspective, hedge funds are still bearish bias on GBP from the longer-term perspective,...
From the daily perspective, price is moving toward the strong demand zone right now, and I expect the price will bounce from this level and starting bullish. From the COT perspective, hedge funds are still bearish bias on GBP from the longer-term perspective, but they were added another 3k of long positions in the latest week. In this case, during GBP push to the...
From the daily perspective, price is facing a strong resistance level right now, and the price was managed to break above this level last week, therefore a further upside is expected. From the COT perspective, hedge funds are still bearish bias on AUD, and from the longer-term perspective, the total of short positions (59k) is greater than the total of long...
From the weekly perspective, price is creating an impulse followed by a correction, and expect new impulse to the upside. And from the daily perspective, price is facing a strong supply zone right now, if the price manages to break this level, further upside is expected. From the COT perspective, hedge funds are still bearish bias on CAD, and from the longer-term...
From the daily perspective, price breaks below the strong trend line right now, a further downside is expected. From the COT perspective, hedge funds are still bearish bias on AUD and CAD, and from the longer-term perspective, the total of short positions on AUD (59k) is greater than the total of long positions AUD (23k), and they were added another 2.1k of short...
From the daily perspective, price is facing strong support right now, if the price manages to price this level, a further downside is expected. From the COT perspective, hedge funds are still bearish bias on AUD, and from the longer-term perspective, the total of short positions (59k) is greater than the total of long positions (23k), and they were added another...
From the weekly perspective, EC created an overextended M formation, and expect the price to retest the neckline of the M formation, a.k.a previous support turn to resistance, and the weekly resistance also correlated with the neckline of the M. From the COT perspective, hedge funds are actually bullish bias on the EUR, because their net-long is increased during...
From the daily perspective, EU is moving within the triangle pattern, and if the price does not show any clear direction for us, it is better for us to stay away from this pair because unclear direction cannot provide us a good risk to reward. From the COT perspective, hedge funds are actually bullish bias on EUR, because they added around 2k of long positions...
From the daily perspective, AU created an overextended W formation, and expect the price to retest the neckline of the W formation, a.k.a previous resistance turn to support, and the AC already reached the major resistance, expect a further downside on the next week. From the COT perspective, hedge funds are actually bearish bias on the AUD and CAD, although the...
From the weekly perspective, AU created an overextended M formation, and expect the price to retest the neckline of the M formation, a.k.a previous support turn to resistance, and the weekly resistance also correlated with the neckline of the M. From the COT perspective, hedge funds are actually bearish bias on the AUD, although the change in short was decreased...
From the daily perspective, price already breaks back below the daily structure and expects a pushes to the downside. From the COT perspective, hedge funds are bearish bias on the GBP, overall the net position on GBP is decreasing, closing long and adding short, so I expect a further downside on GC. I will be monitoring the 4h price action inside the current...
From the daily perspective, price is moving respect with the daily trendline and expects a further downside after the price break below the trendline. From the COT perspective, hedge funds are bearish bias on AUD, shorts are getting opened, and longs are getting closed. so I expect a push to the downside if the price break below the trendline and retest on it. I...
From the daily perspective, price already breaks below the daily support and expect a retest on it before it pushes to the downside. From the COT perspective, hedge funds are bullish bias on JPY, shorts are getting closed and longs are adding and they are bearish bias on the GBP, overall the net position on GBP is decreasing, closing long and adding short, so I...
From the daily perspective, price already moving toward the daily support and expect a further downside toward the weekly support before it pushes to the upside. From the COT perspective, hedge funds are bullish bias on EUR, short are getting closed and long are adding and They are bearish bias on the CAD, overall the net position on CAD is decreasing, closing...
As expected, the price keeps pushing towards the weekly resistance. From the technical perspective, a further downside in the next week is expected after the price fully reach the weekly resistance, after that we may see the completion of impulse correction and impulse pattern according to the weekly perspective. From the COT perspective, hedge funds are actually...
In the last week the price break above the daily resistance and break back below it, this may consider as a manipulation inside the market. From the technical perspective, a further downside in the next week is expected. From the COT perspective, hedge funds are actually bearish bias on the GBP for a few weeks, because during this push to the upside of GBP. they...