Based on today's data from ForexFactory for the USD, the USD/CHF pair is likely to experience a short-term upward movement in the days ahead. Here's why: Flash Manufacturing PMI: Reported at 52.5, slightly above the forecast of 52.3, indicating stronger-than-expected manufacturing activity. Flash Services PMI: Came in at 55.3, exceeding the expected 54.8, showing...
The latest COT data reveals a net long position among speculative traders for the British Pound, indicating bullish sentiment. Concurrently, technical analyses from multiple reputable sources suggest a buying opportunity for GBP/NZD. Therefore, based on the current data, the direction for GBP/NZD in the days ahead appears to be upward to the resistance TL
The news from Forex Factory today, assuming positive US economic data and negative Swiss data, strengthens the USD relative to the CHF, pushing the USD/CHF pair higher. Combined with a technical breakout and favorable sentiment, the pair’s direction for the days ahead is likely upward
For the days ahead, starting March 24, 2025, the direction of EUR/USD is likely to be downward. The fundamental drivers—monetary policy divergence—provide a robust case for continued USD strength and Euro weakness. The COT report’s indication of increased net-short positions by commercial traders supports this bearish trend. While the reduction in large...
Based on today's fundamental news from Forex Factory, the euro appears to be showing modestly positive fundamentals. In other words, the latest economic releases and sentiment for the EUR are supporting a slight bullish bias. When you combine this with the technical picture for EUR/USD (which is pulling back but still sitting above key moving averages), it...
Every detail on direction on previous post In summary, while the net-short positioning by speculators reinforces a cautious or bearish view on EUR in the short term, the gradual reduction in their short exposure may also be viewed as a subtle signal of potential stabilization or even a contrarian setup if market sentiment were to shift.
Today's Forex Factory data indicate that eurozone economic indicators continue to be mixed—with persistent growth concerns and dovish signals from the ECB—while safe‑haven flows into the yen remain robust. The latest COT report for JPY shows that large speculators are building significant net-long positions in the yen. This strong positioning suggests that many...
Based on the current data, Bitcoin’s price direction in the coming days leans cautiously optimistic, with potential for gains if certain conditions are met: Upside Scenario: If Bitcoin sustains its position above $85,200 and breaks through $87,000, it could target $90,000 or even climb toward $95,600. This would align with the bullish momentum suggested by...
Current Price Levels: Bitcoin is stabilizing around $84,000, with resistance near $92,252 and support at $78,065. Indicators: Technical analysis shows bullish support, but an overbought Relative Strength Index (RSI) hints at a possible short-term pullback if buying pressure weakens. Prediction for the Days Ahead In the short term, Bitcoin is likely to see...
Combining COT trends (assumed sustained Euro longs and CAD shorts from March 18 data), technical analysis (corrective dip toward 1.5272–1.5449, then upside), and sentiment, EURCAD appears likely to experience short-term bearish pressure toward 1.5400 or lower (1.5272–1.51564) in the next few days, followed by a bullish resumption if support holds. The pair could...
Based on the latest insights from ForexFactory and the COT report framework, gold (XAU/USD) is poised to move higher in the days ahead, potentially testing levels near $3,200 if it sustains above $3,000-$2,990. Traders should watch this support zone and monitor upcoming economic data, including the USD’s reaction to FOMC developments, for confirmation. While risks...
EUR/JPY is likely to decrease in the days ahead (March 24-25, 2025). Expect potential declines toward lower supports (e.g., 161.50-162.00) unless a significant EUR-positive catalyst emerges. Monitor upcoming Eurozone or Japanese data and price action around 162.19 for confirmation.
Recent U.S. economic releases—covering robust manufacturing, employment figures, and other key indicators—suggest solid economic momentum. Meanwhile, Swiss data tends to be more cautious, partly due to safe‑haven demand and a more conservative economic outlook. This divergence supports a stronger U.S. dollar relative to the Swiss franc. The latest COT report...
Economic releases are currently supporting a risk‑on environment, which tends to favor higher‑beta assets—including cryptocurrencies like Binance Coin. When investors are more willing to take risks, demand for crypto assets typically rises. The crypto futures market (especially for Bitcoin) is showing strong net‑long positioning. Since many altcoins, including...
Recent economic news and broader market sentiment indicate a risk‑on environment—one that typically favors riskier assets like Bitcoin. The latest COT report for Bitcoin futures shows that large institutional traders are building (or maintaining) net long positions, suggesting that the “smart money” is betting on further gains. Together, these factors point...
Recent data from Forex Factory indicates that the British Pound (GBP) is under pressure due to weak domestic economic figures and prevailing uncertainty. In contrast, the New Zealand Dollar (NZD) is benefiting from robust commodity-related fundamentals. The latest Commitment of Traders (COT) report reveals that large speculators have been reducing their net-long...
Recent posts on Forex Factory indicate that the fundamentals for both the British Pound and the New Zealand Dollar are showing mixed signals—with the Pound gaining some support from improved UK economic data, while concerns persist over New Zealand’s outlook amid global risk–off sentiments. Meanwhile, the latest COT report shows that large institutional traders...
Recent Forex Factory data suggest that risk‐off sentiment is persisting—with dovish central bank expectations and geopolitical uncertainty still in play—supporting gold’s role as a safe haven. At the same time, the latest COT report indicates that non‑commercial traders (the speculators) remain net‑long on gold, which has historically signaled continued bullish...