Yellow zones- critical zones based on the monthly time frame Red zones- critical zones based on the daily time frame Blue doted line- upper/bottom trendline of the monthly closed triangle From last week’s COT Report we can see an increase in the GBP short contracts, but due to the weakness of the USD for the last month, we can take another point of view for this...
Yellow zones- critical zones based on the monthly time frame Red zones- critical zones based on the daily time frame Red lines – critical zones based on the 1h time frame From the latest EURFX COT report we can see than there is an increase in the short contracts since last week. Till last week we were at a record numbers for long contract position, so a change...
Yellow zones- critical zones based on the monthly time frame Red zones- critical zones based on the daily time frame Blue zones – critical zones based on the 4h time frame Like I said in my 1H Gold analysis before the price went up - last COT Gold report came out bullish and no changes that could indicate a short momentum are noticed. We are at the highest...
Yellow zones- critical zones based on the monthly time frame Red zones- critical zones based on the daily time frame Blue zones – critical zones based on the 4h time frame From the latest COT Futures AUD report, we can see that it is gaining even more strength, while the JPY is starting to decrease its “long” contract sizes. This could be an opportunity for a...
Yellow zones- critical zones based on the monthly time frame Red zones- critical zones based on the daily time frame Blue zones – critical zones based on the 4h time frame In the bigger picture both EUR and JPY are with a big amount of “long” COT contracts. Both are at record highs right now, especially the EUR. As I said last week- strong pressure from the...
After reaching the 139.7-mark, price got rejected by the correction line and went all the way down 131.7. We’ve talked before about the correction I mentioned above. It is active since the beginning of march and the price respected it already a few times. According to the data from the COT contracts (23.06.2020) a bearish trend is noticeable for the GBP and a...
My 4H analysis won’t change since the last COT Gold report came out bullish and no changes that could indicate a short momentum are noticed. Since the 1st of July we are in a closed triangle structure where the upper and bottom trend lines are respected multiple times. A third rejection on the bottom trendline will be a good indicator that the price is ready to...
From the latest EURFX COT report we can see that there is an increase in the short contracts since last week. Till last week we were at record numbers for long contract positions, so a change in the direction is very likely to happen soon. Now: The price tried to break above the monthly critical area. There are 2 scenarios: 1. The most likely one to happen is...
From last week's COT report we can notice a major increase in Leveraged Funds long positions and a decrease in Dealer long positions. This may be a sign for a short-term bullish momentum. Since the 29.06.2020 a upper trendline is respected in this pair and since March a wide angle formation can be seen. Critical levels on the 1h time-frame are 1.52971-1.53075 and...
Hours and hours of talks and hundreds of different opinions could be relevant for this topic. But one thing is sure- for the past 20 years the financial system of Canada has done a much better job during a crisis compared to the USA and Europe. Often the practices of the Canadian institutions were criticized and their regulations on banks, insurance companies and...
Yellow zones- critical zones based on the monthly time frame Red zones- critical zones based on the daily time frame Blue zones – critical zones based on the 4h time frame In my previous post i analysed the monthly time frame and now it is time to take a look on the daily and 4h. As i said in my monthly analysis, price will most likely move downwards forming new...
Yellow zones- critical zones based on the monthly time frame Red zones- critical zones based on the daily time frame Blue zones – critical zones based on the 4h time frame From last week’s COT report we can notice a hold in the progress of bullish contracts for the Euro . Right now, they are at a record high (345k) so a reverse in the bearish direction is most...
Last week’s COT report shows that the gold still holds a strong “long” position, but that is only in the short-term period. In the mid/long term a continuation of the rejection of the 250k contracts is likely to happen. Now what interests us is of course the shorter-term period. 1. If the price doesn’t fall straight away on Monday’s news a new move towards 1800...