Strong Bearish Signal: The price tested the support level a couple of times, but failed to break it down. However, the pair is still trading near it and given the recent sharp drop, we still may give preference to sales. Volume Zones: We need to allocate the support level 109.82. The large volume is concentrated above this mark, so we can assume that the smart...
Strong Bearish Signal: The pair corrected up yesterday, but the move was smooth and on the small volume, so that we can't consider it as a reversal signal. Moreover, given the recent sharp drop on the large volume, we stil may prefer short positions. Volume Zones: Our previous volume level of support 1.1278 is sitll actual. Sentiment: This indicator shows...
Strong Bullish Signal: Gold showed a confident growth supported by increased volume and is currently trading near the local maximum. Volume Zones: We need to point out the crucial resistance level/local high 1320.00. Sentiment: This indicator shows that 62% retails traders are in short positions, which is a good additional signal for us (trading against the...
Strong Bearish Signal: The price showed a sharp sink supported by the large institutional volume and broke through the previous support level. Volume Zones: It is necessary to allocate the new volume support level 109.82. Sentiment: This indicator shows that 77% retails traders are in long positions, which is a good additional signal for us (trading against...
Strong Bearish Signal: The pair demonstrated a huge drop supported by the large institutional volume and on the large negative delta. Volume Levels: We need to point out the new level of support 1.1278, which contains the large volume and stopped the fall of the price on Friday. Sentiment: This indicator shows that 63% of retails traders are in long...
How Order Flow and Liquidity Move the Market Order flow is the key driver which causes market price to move, buyers and sellers enter the market at different price levels by either supplying liquidity (via Limit orders) or consuming liquidity (via Market orders). When the liquidity balance is tipped, being more buyers than sellers (or vice versa) at a particular...