AUDUSD Short Late/Re-entry Price has come back down to the last swing low/base made before what was essentially a two week bull run. We have broken past this area and come back to retest it. When price came back to retest this key zone, we saw it touch the 61.8% fib retracement level. Non-Commercial traders, as can be seen through COT filings, are a majority...
The Chicago Mercantile Exchange's Commitments of Traders (COT) report for the week ending November 14, 2023, shows that there are signs of weakness for the British pound (GBP). Non-commercial traders, which are typically hedge funds and other large institutional investors, reduced their long positions in GBPZAR by 4,735 contracts. This was the largest weekly...
These Governmental institutions are going to be loosing all credibility, if they have any left. One says that cryptocurrencies are "securities", the other is saying that cryptocurrencies are "commodities" and are starting a public fight over this issue involving and harming in the meantime millions upon millions of innocent people. Cryptocurrencies are neither...
Traders, We’re 8 for the last 8 with at least 5 of those wins on XRP. I’ve watched the drop since resistance and XRP looks to be forming a shooting star candlestick pattern on the daily. Not wanting to test fate, I’ve opted to take the remaining profit here at .46 cents. We also look to be forming an “M Pattern”. This makes sense from a technical standpoint. I...
Agricultural commodities, led by grains rose sharply in 2022. The two main catalysts for the upside in price were the Russia-Ukraine war alongside other supply challenges. There has been a number of cascading events around these two catalysts involving government interventions globally as food prices soared. However, from mid-October the renewal of the Black Sea...
The CFTC has failed since 24th January to publish COT data. “Following the ION cyber-related incident, reporting firms are continuing to experience some issues submitting timely and accurate data to the CFTC. As a result, the weekly Commitments of Traders (CoT) report that normally would have been published on Friday, February 17, will be postponed." ...
🤖 #BTCLIVE - 04.10 🤖 TLDR: Short-Term (-1 Day) 40:60- Bullish:Bearish Mid-Term (1 Week+) 40:60 Bullish:Bearish Long-Term (1 Month+) 60:40 - Bullish:Bearish OVERVIEW: With no particularly crazy FED announcements this week and no BTC options expirations we should be in for a relatively low volatility week. $20k is looking particularly hard to break so I am...
Gold has risen 5.5% from its July 21 low of $1,680 per troy ounce, as market sentiment suddenly shifted to safe-haven assets in the aftermath of a slew of recession-risk events and rising geopolitical tensions between the United States and China over Taiwan. According to the latest Commodity Futures Trading Commission (CFTC) weekly Commitments of Traders (COT)...
Looking at the net positions of the Commercials (Red Line), the Russell 2000 is at record high levels. Additionally, the small speculators (Blue Line - tough to see but it's blown up on lower indicator)) are very short compared to historical levels. The COT index on the bottom shows dark green when both commercials are maxed net long and small speculators are...
The fundamental Bias of this pair is bearish. Most analysts and financial institutions predict a downtrend. The AUDUSD trend is bearish. In terms of CFTC data, there are more sell positions on this Retailers are also buying these assets, which gives our downtrend a better chance. Technically, the bullish channel is broken and with the pullback to the same...
The chart below is the USDJPY weekly chart with speculators’ position provided by CFTC. The purple bars at the bottom of the chart is speculators’ Yen short positions which have been increased since the end of Sep. Looking at the historical data where speculators’ Yen short is at peak, there is two points; 1. Week of Oct1, 2018 (blue horizontal/vertical...
Hello traders! I expect more upside for the dollar both technically and fundamentally. Fundamental Bias: Weak Bullish Primary Driver: 1. The Monetary Policy outlook for the FED Rationale: More hawkish than expected sums up the Sep meeting. The FOMC gave the go ahead for a November tapering announcement as long as the economy develops as expected with their...
In Bitcoin, a slight loss of momentum is observed in the volume-based On Balance Volume Indicator. When we look at the relative COT Positions (for which we chose some distant past) While the price is up 55%, positions are not at a level to support it. But it would be more robust to see a similar mismatch from the recent past. Here, in the first place, we will...
FX:EURCAD Leave a like below as well as a comment if this is helpful, it is always much appreciated! Currently the EUR/CAD is Selling off, looking to retest a recent low at 1.54270 Tomorrow the CFTC will release this weeks COT data report and upon analyzing it, we can have a better idea of the direction that price action is heading. ** I will update this...
SEll gold as you can see market is at 12 hears high resistance so, simply triggered the sentiments very badly
The price reach and is showing a very respectable rejection at this important monthly supply zone
Gbpjpy under pressure (strong Week 50% Fib) Short prevailing according to cftc COT report Change cot since April 28th= (-1954 Positions) Target 129,52 Win rate 3,46
The banks are adding lots of buy orders at the moment while the markets are bearish . right now GBP is hitting stop losses and sucking up demand to the down side while the banks are accumulating on longs to head back up for a higher high.