According to the Cot figures released from last week. We saw no new positions being added into the US Dollar only positions being removed. For the NZD we saw the same thing happen. More Long positions were removed than shorts which is why on Thursday we saw this pair go short then Long. Possibly to build liquidity to take this pair Long. But we will have to wait...
After watching XRP price movements for a while i have placed a possible Long setup i think that could play out. Crypto is way more volatile than Forex but i think XRP is on the rise and its only the beginning for the XRP take over.
i am currently bullish on Crypto Currencies at the moment. Seeing as there has been a lot of movement in the news about certain cryptos i think the rest will all ride the momentum until 1 becomes a victor which i believe will be XRP
This is my potential Long setup on gold. this is a 1 to 1 setup once the trade is close to 100 pips up will I then move SL to breakeven. I do see gold potentially reaching 1300 but that will take some time, for now 1275 is my target 1.
My technical analysis for a potential long on this pair. Last week we saw Sterling be very bullish in the market against Aud.
Weekly Chart : No candle pattern except that it closed Bullish
Daily Chart : Monday formed a spinning top (equilibrium between bears and bulls) Friday closed with a spinning top could be a potential (HL?) and send the market low forming an...
This pair has been very confusing lately its definitely gearing up for a breakout and at the moment I think the Dollar is going to show some weakness for a while. Lots of factors involved with the dollar at the moment plus not knowing if the FED will raise interest rates or keep it the same. Last month they were Hawkish to raise rates a weak back they were dovish...
Have not focused on this pair at all. This chart is just based on my technical analysis to predict a Bullish entry if the market attempts to complete an ABCD pattern.
