Hello Traders, Today I am especially interested in discussing the AUDUSD, NZDUSD and AUDCAD. I think that there could be interesting opportunity and a potential setup very soon, so I wanted to share that with you. Before we dive into this material, I did want [...] Read more »
Trade77; COT Report of The Week 5th Dec.
Last week I said that Kiwi contracts is showing a great opportunity to go short and they are highly indicating that a bearish trend is about to start but for this instance I won't short the pair just after COT analysis and we have to wait for some good technical short positions. Exactly last week I called a long on NZDUSD just when it reached the daily trendline and now it's near 270 pips above the trendline. Read more »
Trade77; COT Report of The Week 30th Nov.
COT Reports are weekly articles and if you have any questions about numbers and indexes in this section. Euro contracts shows that finally speculators went net short on their positions and commercials are really close to go net long. This indicates that bearish run in EURUSD going to continue for a while. Read more »
Trade77, 21st Nov. COT Report
EURO numbers are indicating that Speculators are still net long and the overall sentiment is still bullish for the single currency but as we can see in the chart below, small and big speculators long positions were sharply decreased Read more »