FX:GBPUSD when market opens on Monday , we would be able to know if the next wave drop is impulsive or corrective .However ,we still do expect a drop on gbpusd . nfp (non farm payroll ) and some other news would potentially give more data as to what to expect after the drop . COT data still shows gbp NET NEGATIVE on NON COMMERCIALS position.
in other words,...
OANDA:XAUUSD gold , we are looking to short .
following the previous analysis.. we see market going back to clock the mitigated area. Even if the liquidity above is not taken, we wait for ltf to shift bearish then we slide in
EURJPY
expecting the next move upwards , following the data from COTreport on EUR going from -11k net position to +33k net posion and JPY from
-80k net p to -81k net position ...
technicals showing that market has tested previous key area .However, with confirmation i would be looking to long EJ
