Hello, traders!
According to the latest news, next week will be hot for sure. 🔥
On Thursday we received on Euro (6E) the incredible uprising of open interest (+18K contracts) in “Put” options strike 1.04 (Watch prnt.sc/n_GEI456fpjG)
Amazing, before the technical support! 🤪
That was a big hedge before the bankruptcy of Silicon Valley Bank, someone understood that the time would come to withdraw dollar liquidity from the market.
All currencies, except the dollar DXY, will feel strong pressure from sellers and Indices of course next week.
Stronger, to my mind, will be the Grain market.
In continuation of the previous downside forecast for Сorn (ZC) (Watch prnt.sc/HHsH8uCit3sm)
Bullish DXY and very Bearish S&P500!
Good day, Traders, NEW video analysis is ready!
The majority of ideas worked out that week. Today we will try to predict further movements and speak about Dollar Index (DX), Euro (6E), New Zealand dollar (6N), and Mexican peso (6M).
Hope this information will be very helpful for you!
This time it’s a 10-minute video to watch
Good evening, Traders!
That week was very interesting, and we will observe it and make predictions for the next one.
NEW 11-minute video for you about :
DXY, Euro, S&P 500, Oil, Japanese yen, Natural Gas, Soybeans
Good evening, Traders!
🔻 Let's start from the leader of markets — DXY. From the previous analysis, we have designated a key level 106.72 and the price did not brokedown this level even by 1 tick. It became a real growing point from the start of the week. On Friday the price closed on the uptrend line and after its breakdown, I expect to see correctional movement to this magnet. (See)
🔻 What about Gold (GC), I really expected that the price will go up from Tuesday's bottom, but the unbelievable record inflation in the USA created high volatility. Funds opened a record short position, and OI rose by 8% during the reported week. Now according to the big amount of ask HFTs here reversal is also rather possible. (See)