PyramidFx

gbpmxn, price making higher high on daily bars, a lot of demand showing there, high probability for gbpmxn bullish reversal

banks (commercials) open longs and close short positions. large speculator are in shorts positions. chf extreme bullish net positions.

GBPAUD, pair forming bottom for the month of june, bullish divergence formed. gbp suspect strong for 3-4 weeks of june.

price making bottom for reversal, divergence formed to bullish reversal. price may further down to catch stop losses reason chf is still quite strong due to risk off.

AUDUSD, professionals closed both sides positions for profit taking. price testing support for the month of May 2019. suspect to form double bottom. usdindex has formed top. $index suspect bearish ahead.

copper making seasonal bottom, professionals open long & short positions, while bank profiting taking by closing both sides. price may go further dip to catch stop losses.

XAGUSD, professionals opened long and closed short positions. 4% long% increased by last week while 4% short% removed. usdindex on strong monthly support level so if usdindex takes corrections then may suspect bit fall in silver. any way bullish reversal in silver has been formed.

Gold has formed bottom 1267 for longer term uptrend, silver movement align with gold. Remains within falling wedge but likely see rally to follow. Gold.

GOLD, soon next 2-3 weeks gold will start its seasonal bullish movement for longer term. while usd suspect down mid of May.

US30, Dow Jones price testing high of january 2018, after 15 months price reached top zone, Huge Supply zone there for longer term selling. it may take few weeks to complete the targets.

USD Index. making tripple top, bearish divergence formed while price moved upside with low volume. professional done profit taking by both side closing long and short positions. no more interest upside by large speculators.

USDCHF, large speculators did profit taking on usd by closing both short and long positions. while banks opened both sides positions. in CHF shorts positions increase 1%. suspect strength in chf now.

CADJPY, bearish divergence formed for selling. price testing monthly resistance area march 2019 84.00-84.10. suspect fall reason seasonal strength expected in jpy pairs soon.

MXNJPY, suspect down, price on strong weekly resistance area. jpy strength suspect ahead, mxz is extreme bearish divergence.

USDJPY, USD weakness start in there for longer term. while jpy getting strength on seasonal basis. usd/jpy behaving like retracement to the upside suspect big drop longer term target 107.80

NZDJPY, NZD 1k short vs 4k long last week i.e long erased. in Jpy no change in this week. weakness in nzd may cause to move down for targets 74.00, 73.40 & 72.50

copper, price making double top on copper in daily time frame. Non-commercials reduced long positions 6k in copper, long% decreased 2%, while short% increase 2%.

GBPJPY, Commercials and large speculators closing their positions in gbp both long and short, mean commercials and large speculators profit taking from both sides. long% decreased 2% while short% increased 2%. in jpy commercials and larges speculators doing same behaviour like gbp i.e profit taking. suspect one more spike upside to catch stop losses of weak holders.