With this virus escalating, gold will carryon going up while oil goes down, and remember when oil goes down CAD follows too
Majority of traders and looking to short, why?. i dont know. let me give you a view why you should go long. Are you Ready the institution cot data long position is way higher than the 13 weeks MA long position by 5k lots. the non-commercial sentiment favours long position by 51% while the rest is on sell side. from last 7 weeks the swiss net position are getting...
Aussie has been falling to feel sorry for, however the weak always get stronger, daily ATR is still cruising at 50pips which is low compare to EURUSD, weird right haha i know. this is a strong demand zone. observe the weekly and daily to get a clear view. Did you know that Aussie just added a short position of 100k lots from last week cot data. this is the...
After witnessing a strong buy for last 2 weeks it is obvious there will be a loss of momentum, as Newton law says; force is equals to mass times acceleration. here is a good part. the non-commercial futures position buy orders is punching above the 15 weeks moving average by 9008 lots, whilst the short is 33,346. it is obvious that Eur favours a downfall. on the...