Bitcoin is approaching the dreaded 200 MA line with high RSI and Declining Volume. I expect the price to fall down to the 6k zone. The legal hammer of the CFTC and SEC can pound Bitcoin's price to $3,000. In till that happens, do not expect anything lower than $6,000.
Leveraging funds last week made large sales of contracts for Euro (Contracts for Euro against USD). However, also in the same week, these funds reduced the number of contracts for NZD sales, which in combination with the analysis of the chart may mean a drop in the price on EURNZD
Based on numerous conditions: CFTC euro dollar extreme values (long crowed), CFTC dollar index extreme values (short crowed), german bonds 2y/10y vs us 2y/10y bonds spreads, american and europe inflation divergences (5y5y swaps), quantitative tightening (america fed hikes) vs esasing (europe ECB bond purchase), trump fiscal dollar multinational repatriation...
CFTC COT as percentage of open interest of EURUSD non commercial futures positioning... EURUSD analysis, DAX and DAX in dollar analysis...
NYXDATA, FINRA AND CFTC DATA for SPX analysis...
Analisys of futures positions on ES_F and days since positive (long > short) and negative (long < short) ...
On April 11, a fresh STEO report comes out, so you should wait for the updated forecast for the oil market from an official source. Conclusions on this report will be published in the blog www.cofutrading.com. But at the moment the situation is as follows: OPEC reduces production, and the US increases it. But along with the growth in production, which is...
On April 11, a fresh STEO report comes out, so you should wait for the updated forecast for the oil market from an official source. Conclusions on this report will be published in the blog www.cofutrading.com. But at the moment the situation is as follows: OPEC reduces production, and the US increases it. But along with the growth in production, which is...
Good day dear investors and fellow traders. Fundamentally - technical analysis of the currency pair #EURUSD "The ECB is planning a new intervention, prepares us for the reduction of the single currency, but is there any ammo?" The single European currency continued to decline, currently has departed from its high at 360 points, having one of the three main...