Shorting opportunity today on AUDUSD. Hoping for a massive meltdown as from 10 am GMT. AUD from a COT side of things is now very bearish, the last report shows that Shorts have exceeded Longs tremendously. You could also check the progress of CADJPY which I published yesterday. There is also a possibility for an entry. Best of luck!
Hello lovelies, did you miss me. Sorry for the long disconnect. I have been backtesting and trying to come up with amazing strategies to serve you better. Check out CADJPY for a downside move.
COT data is smiling as CAD is tremendously weak and JPY has been soaring in strength over the last couple of weeks. You can make your entry after the retest of structure....
Investor sentiments still give the JPY more strength. Move to the downside is most likely to be a success, but of course, we keep an open mind because a break and positive retest of the upper trendline could mean a switch from a downside to an upside bias for the pair.
AUD is looking weaker, AUDUSD dropping, Gold dropping, I expect a bullish bias on EURAUD and bearish bias on EURUSD. Good luck guys!
If you need me to do an analysis for Gold, AUDUSD, or EURUSD. Please let me know in the comment section.