DVisionfx

DVisionfx

NZDCHF price is currently below both the previous and current week's point of control (POC), which implies bearish control in the market. The Rate of Change (ROC) indicates that NZD is currently the second weakest currency, after JPY, while the CHF remains among the strongest. There's a possibility for the price to pull back towards the current week's Volume...

DVisionfx Updated 

Based on the COT report of the 19/06 we can see that Institution reduced long position on USD for 3 consecutive weeks from 52.927 to 51.109 and 50.234 while slowly increasing shorts position. This is not a change in sentiment, but rather a profit-taking week. While the institution are booking profit by closing longs on USD we can see the Dollar index making a...