Waiting for a break of the structure level, entering short upon retest and rejection of that same structure level for a good risk/reward entry.
Price is moving up on declining volume meaning exhaustion of the bullish momentum. JPY is the number one safe haven currency and the world is in big trouble unfortunately. AUD is weak across the board, and COT net-positions shows us that the non-commercials were actually just closing up shorts on the AUD on the rally of the AUD against the JPY and the USD last...
USD is the safe haven currency. Even thought the stimulus bill is going to be negative for the strength of the USD, there will still be investors flocking into the USD because of what is happening in the stock market. COT non-commercials are bullish on the USD, adding in longs over the course of the previous week. GBP is weak across the board. Good rally up on...
USD is the safe haven currency. Even though the stimulus bill is going to be negative for the strength of the USD, there will still be investors flocking into the USD (and the JPY/CHF/gold) because of what is happening in the stock market, considering these are safe havens, and the overal global economy is slowing/nearing a recession. COT non-commercials are...
USD is the safe haven currency. Even thought the stimulus bill is going to be negative for the strength of the USD, there will still be investors flocking into the USD because of what is happening in the stock market. COT non-commercials are bullish on the USD, adding in longs over the course of the previous week. Euro has seen strength even though all the...
High net positions on the COT report for the Japanese yen. Non-commercial hedge funds are going to want to take profits from these down lower. Japanese yen is the number one safe haven currency so it is probably going to strengthen during these times of crisis. The channels seems to be breaking up to the upside, creating the illusion of an upside breakout so...
We are in a crisis. USD safe haven currency alongside the JPY and the worlds reserve currency. SEK heavily exposed to oil and European economy (which is in an even bigger crisis then the rest of the world). Price seems to have found a nice support here.