Hello AUD/CAD! As the price approaches my area of interest, a potential SHORTING opportunity may present itself. I have added this pair to my watchlist and will wait to see if my rules follow price action on the lower timeframe.
Could go both way. However, I have a long bias only if given permission.
Hello Wheat! The price of wheat has been correcting since December. Are buyers almost ready to take over? Key level has been spotted. 735 area. Let's see what sellers can offer around that area next week. My only interest at that price or lower.
Hello AUDUSD! We have clearly seen audusd bearish since early 2021. With a possible conclusion from the sellers. A powerful key level is at play. 0.70000 , which had been rejected twice from a monthly candle perspective. Despite apparent rejection from key level, the candlesticks do not translate confidently. Is this a trap? This week will clear thing up. It's...
Hello USD/JPY! starts off 2022 with a bullish impulse, leaving the first HH of the year in seller territory. With an apparent rejection from sellers, the price declined. Will the USDJPY bullish momentum power from 2020 carry through this year? Or do we need a deeper pullback? Currently, price is at equilibrium creeping into buyers territory. A break of 115.000...
The NAS100, a clear M pattern, has closed at the lower boundary consolidation since November. Could NAS100 be ready to lift off?
Hello CADCHF! CADCHF has been correcting since March 2021, after the January impulse. Is the correction nearing completion as the price consolidates in buyer territory? Are buyers ready to take over or do they still need a better price? As of Sept. 2021, CAD remains undecided, although its negative net positions are declining gradually.
Hello GBP/JPY! The trend has been unquestionably bullish since early 2020 followed by an aggressive impulse in early 2021, testing the February 2018 area (156.000). A test of the same area closed out 2021 for the GBP/JPY. A clear break could lead to a strong upwards move towards the high of May 30th 2016, roughly 160.690 - 164.000. An aggressive rejection could...
An interesting pair... AUDUSD crossed the finish line of 2021 with strong bullish momentum, despite its bearish trend from 2021 with consecutive negative net positions month after month. As AUDUSD is currently approaching the top of a bearish trend heading into 2022, DXY remains bullish, having paused at the 95.500 level since mid-November. I expect AUDUSD to...
USD INDEX Statistics SPECULATORS | COMMERCIALS – Percent of OI Longs: 80.5 | 3.1 – Percent of OI Shorts: 11.8 | 80.6 – Net Position: 35879 | -40442 – Gross Longs: 42010 | 1634 – Gross Shorts: 6131 | 42076 – COT Index Reading: Extreme Bullish | Extreme Bearish Scenario A: Wait for the bears market to turn into a bull market following the major trend, along with...
AUD INDEX Statistics SPECULATORS |v COMMERCIALS – Percent of OI Longs: 16.4 | 71.6 – Percent of OI Shorts: 56.1 | 24.7 – Net Position: -80185 | 94709 – Gross Longs: 33217 | 144539 – Gross Shorts: 113402 | 49830 – COT Index Reading: Extreme Bearish | Extreme Bullish Scenario A: Wait for the bull market to turn into a bear following the major trend, along...
NZD INDEX Statistics SPECULATORS |COMMERCIALS – Percent of OI Longs: 62.5 | 24.6 – Percent of OI Shorts: 31.2 | 58 – Net Position: 13939 | -14860 – Gross Longs: 27835 | 10943 – Gross Shorts: 13896 | 25803 – COT Index Reading: Extreme Bullish | Extreme Bearish Scenario A: Bulls still in control, testing to break green line which will be great for good price to...
USD INDEX Statistics SPECULATORS | COMMERCIALS – Percent of OI Longs: 81.7 | 3 – Percent of OI Shorts: 19.7 |74.3 – Net Position: 35775 | -41146 – Gross Longs: 47116 | 1739 – Gross Shorts: 11341 | 42885 – COT Index Reading: Extreme Bullish | Extreme Bearish "Scenario A: Wait for the bulls to break above for a possible long continuation. Scenario B: Possible...
USD INDEX Statistics SPECULATORS COMMERCIALS – Percent of OI Longs: 80.6 3.7 – Percent of OI Shorts: 19.2 74.9 – Net Position: 35448 -41095 – Gross Longs: 46521 2130 – Gross Shorts: ...
USD INDEX Statistics SPECULATORS COMMERCIALS – Percent of Open Interest Longs: 76.6 3.7 – Percent of Open Interest Shorts: 18.2 74.8 – Net Position: 34,457 -41,942 – Gross Longs: ...
DOLLAR INDEX Statistics: SPECULATORS | COMMERCIALS – Percent of OI Longs: 77 | 4 – Percent of OI Shorts: 18 | 75 – Net Position: 34,457 | -41,942 – Gross Longs: 45,189 | 2,157 – Gross Shorts: 10,732 | 44,099 – DXY Level Readings: Extreme Bullish | Extreme Bearish Scenario A: As mentioned above, a possible rejection could reverse the trend...