Looking for EURUSD to weaken while Dollar retraces up in NOV Begin DEC Dollar should roll over and become weak again Higher Timeframe outlook for EURUSD is bullish 1.0750 is (first?) target COT shows Asset Managers buying EUR COT CHART: www.awesomescreenshot.com
- Price is back above 2022 Mid-level - 2022 Open = 2022 High = 2023 Yearly R1 = Imbalance - If Dollar-weakness continues in DEC a rally higher is likely - Wyckoff accumulation-pattern completed - Look to buy the retrace begin DEC
- Retrace up in Dollar unfolding - Likely to continue next week - Buy at Next Week Pivot and Sell at Next Week R2 - WR2 = 2 deviations from accumulation channel
- Looking for GOLD to weaken while Dollar retraces up - Previous breaker that took out sell-side stops needs to offer support - Dollar should fall again after the retrace - That would be the signal to go long GOLD again - Upside target is 1 deviation up = GAP-resistance
- Looking for EURUSD to soften while Dollar makes a retrace up - Could be a matter of days before Wyckoff distribution pattern unfolds
- Wyckoff accumulation in down-sloping channel unfolding - Looking for a run on 1.00 big figure - 1.00 = Weekly R2
- Looking for GBPAUD to weaken - First target is 2nd deviation - Second target is 1.7000
Looking for a retrace up in USDX Followed by next push lower to 103
USDCAD Wyckoff pattern unfolding Looking for 1 deviation rise 2 deviation is 1.35 is above Weekly R1
- AUD advancement has been muted while USD weakened - Expecting AUD to bounce of resistance, followed by next leg up to 0.7000
- EURCHF intra-week Wyckoff pattern unfolding - Looking for 2 DEV run to Weekly R2
- Looking for CADJPY to retrace to 102.50 - Pivotwise a run from Monthly Pivot to Monthly S2 - Monthly S2 = 102.50 = 3rd Deviation of Wyckoff channel
- Looking for bullish ranging in ETH this week - Run from Weekly Middle S1 to Weekly Middle R2 - Also 1 deviation up from current channel - Looking for Wyckoff schematics to unfold
- Looking for a run from Monthly S1 to R1 - 2nd target is 1.6000 = 1 deviation up from Wyckoff-channel
- Tempratures are dropping in EU after a relatively soft Autumn - Cold weather should increase demand for NATGAS - NATGAS in a up-sloping Wyckoff channel - Looking for a 1 deviation run higher - Lower GAP is support - Mid GAP should offer support once broken - Higher GAP is target = 2nd DEV = Monthly R2
- Looks like YEN is regaining some strength after the dramatic and extended weakening - Wyckoff distribution unfolding in downwards sloping channel - Expecting a 1 deviation drop to 160 = Monthly S2 = {revious Qarter Mid-level
Looks like market is risk on Expecting Oil to go against risk on sentiment for now Begin DEC the EU will force price cap on Russian Oil That would be a nice moment to go long (if it drops now)
- Looks like NIKKEI wants to push higher - Repeated buying at OCT-VWAP - Diagonal Wyckoff channel unfolding - Phase E signals break-out of the channel - 1 Deviation up is Year-Open = Monthly R2 = 29000