USDRUB is starting to recover from last downfall. Large speculators have been drastically adding bullish invest to their positions in june july. Logic says that USDRUB could climb big in the next couple months.
BTW this chart shows price, COT non-commercial (large speculators) and STO RSI applied to COT.
Good luck and thanks,
Hi here goes a bullish proposition on EURCAD.
- OIL (WTI) price close to 52 so eventually overbought and ready for a fall: wait for it to confirm the entry.
- EUR winning momentum slowly since june
- CAD losing momentum since may
- RSI showing a certain bullish divergence
Chart EUR CAD on 6H looks good buying very soon with around 100 TP.